Answer
$-\frac{1}{24}$
Work Step by Step
Convert to like fractions.
$\frac{7}{12}=\frac{7\times2}{12\times2}=\frac{14}{24}$
$\frac{5}{8}=\frac{5\times3}{8\times3}=\frac{15}{24}$
To add or subtract fractions with the same denominator, add or subtract the numerators and keep the denominator.
$\frac{14}{24}-\frac{15}{24}=-\frac{1}{24}$