$$ \begin{aligned} \frac{5}{x}-\frac{1}{3} &= \frac{1}{x}&& \text{multiply ALL terms by } \color{blue}{ x\cdot3 }. \\[1 em]x\cdot3\cdot\frac{5}{x}-x\cdot3\cdot\frac{1}{3} &= x\cdot3\cdot\frac{1}{x}&& \text{cancel out the denominators} \\[1 em]15-x &= 3&& \text{ move 15 to the right } \\[1 em]-x &= 3-15&& \\[1 em]-x &= -12&& \text{switch signs on both sides} \\[1 em]x &= 12&& \\[1 em] \end{aligned} $$
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