Yes, it is.
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5/12 is greater than 3/8.
8/12 and 2/5 can be expressed as 2/3 and 2/5. The LCM of 3 and 5 is 15. Hence 2/3 and 2/5 may be represented with the common denominator 15 as 10/15 and 6/15. Since 10/15 is greater than 6/15, 2/3 is greater than 2/5 and so the original 8/12 is greater than the original 2/5
5 8 is greater than 3 8.
They are: 2 3 5 7 and 11
(11/3) - (13/4) = (44/12) - (39/12) = 5/12