A cookie recipe calls for ¾ cup of sugar. You have the following measuring cups: 1 cup, ½ cup, ⅓ cup, ¼ cup, ⅛ cup, and a tablespoon (which is 1/16 cup).

Suppose you want to reduce the amount of sugar in your cookie recipe. You decide to subtract ⅛ of cup of sugar from the original amount of ¾ of a cup. How much sugar is now in your recipe? Show your work using two different methods.