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\frac{1500}{100}-\frac{3}{100}
Convert 15 to fraction \frac{1500}{100}.
\frac{1500-3}{100}
Since \frac{1500}{100} and \frac{3}{100} have the same denominator, subtract them by subtracting their numerators.
\frac{1497}{100}
Subtract 3 from 1500 to get 1497.