$\frac{2727}{5454}-\frac{131313}{525252}+ \frac{123123}{369369}-\frac{112336}{224672}+\frac{1414}{5656}$
$=\frac{2727:2727}{5454:2727}-\frac{131313:131313}{525252:131313}+ \frac{123123:123123}{369369:123123}-\frac{112336:112336}{224672:112336}+\frac{1414:1414}{5656:1414}$
$=\frac{1}{2}-\frac{1}{4}+\frac{1}{3}-\frac{1}{2}+\frac{1}{4}$
$=(\frac{1}{2}-\frac{1}{2})+(\frac{1}{3}-\frac{1}{3})+\frac{1}{3}$
$=\frac{1}{3}$