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\frac{1503}{300}-4.5
Expand \frac{1.503}{0.3} by multiplying both numerator and the denominator by 1000.
\frac{501}{100}-4.5
Reduce the fraction \frac{1503}{300} to lowest terms by extracting and canceling out 3.
\frac{501}{100}-\frac{9}{2}
Convert decimal number 4.5 to fraction \frac{45}{10}. Reduce the fraction \frac{45}{10} to lowest terms by extracting and canceling out 5.
\frac{501}{100}-\frac{450}{100}
Least common multiple of 100 and 2 is 100. Convert \frac{501}{100} and \frac{9}{2} to fractions with denominator 100.
\frac{501-450}{100}
Since \frac{501}{100} and \frac{450}{100} have the same denominator, subtract them by subtracting their numerators.
\frac{51}{100}
Subtract 450 from 501 to get 51.