An easy way for me to do this is to either make all of the fractions into decimals or all the decimals into fractions, whatever you prefer. I prefer fractions, but for typing reasons I’m going to make them all decimals. Making 5/48 into a decimal you divide 5 by 48 and get 0.104... and divide 3 by 16 and get 0.1875. Then from there, look at whatever tenths place number is the least (the number after the decimal). Two of them have one, so moving onto the next number, 8>0, which means 0.104 is less then 0.1875. Then 5<7. So from least to greatest, 5/48 (0.104), 3/16 (0.1875), 0.5, 0.75.
Good Luck!