Answer
See below.
Work Step by Step
$LHS=\frac{1-sin\theta}{sec\theta}=\frac{1-sin\theta}{1/cos\theta}=cos\theta(1-sin\theta)$
$RHS=\frac{cos^3\theta}{1+sin\theta}=\frac{cos\theta(1-sin^2\theta)}{1+sin\theta}=cos\theta(1-sin\theta)=LHS$
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