The least common multiple of the denominators \( 5 \) and \( 3 \) is \( 15 \). Convert both fractions to have this common denominator:
\[
\frac{48}{5} = \frac{48 \times 3}{5 \times 3} = \frac{144}{15}
\]
\[
\frac{22}{3} = \frac{22 \times 5}{3 \times 5} = \frac{110}{15}
\]
Step 3: Perform the Subtraction
Now, subtract the two improper fractions:
\[
\frac{144}{15} - \frac{110}{15} = \frac{144 - 110}{15} = \frac{34}{15}
\]
Step 4: Simplify the Result
The fraction \( \frac{34}{15} \) is already in its simplest form. Convert it back to a mixed number:
\[
34 \div 15 = 2 \quad \text{(whole number)}
\]
\[
34 \mod 15 = 4 \quad \text{(remainder)}
\]
Thus, the mixed number is \( 2 \frac{4}{15} \).