Answer
$ \frac{3}{40}$.
Work Step by Step
$\frac{7}{8} - \frac{4}{5} = \frac{7 \cdot 5}{8 \cdot 5} - \frac{4 \cdot 8}{5 \cdot 8} = \frac{35}{40} - \frac{32}{40} = \frac{35 - 32}{40} = \frac{3}{40}$.
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