Show $\frac{3997}{4001}>\frac{4996}{5001}$
Subtract $1$ from both sides:
$$-\frac{4}{4001} > -\frac{5}{5001}$$
Remove the negatives and flip the inequality:
$$\frac{4}{4001} < \frac{5}{5001}$$
This is equivalent to
$$\frac{1}{1000.25} < \frac{1}{1000.2}$$
Multiply both sides by $1000.25 \cdot 1000.2$ to get
$$1000.2 < 1000.25$$
Since this is true, the original inequality must be true.
Continuing with your approach, write
$\frac{4000(1-3/4000)}{4000(1+1/4000)}>\frac{5000(1-4/5000)}{5000(1+1/5000)}$
Then cancel on both sides and cross multiply:
$(1-\frac{3}{4000})(1+\frac{1}{5000})>(1+\frac{1}{4000})(1-\frac{4}{5000})$
Now, expand both sides:
$1+\frac{1}{5000}-\frac{3}{4000}-\frac{3}{20000000}>1+\frac{1}{4000}-\frac{4}{5000}-\frac{4}{20000000}$
$\frac{5}{5000}-\frac{4}{4000}+\frac{1}{20000000}>0$
$\frac{1}{20000000}>0$.
Since the above is clearly true, then the original statement is true also.
First a minor but cute detour.
$a_n=\frac {n}{n*1000 +1} = \frac 1{1000 + 1/n} $.
As $n $ gets larger $1/n $ gets smaller, so $a_n $ get larger. So $a_1 < a_2 < a_3 <.... $.
So $\frac {3997}{4001} = 1 - \frac 4 {4001} = 1 - a_4 > 1 - a_5 = 1 - \frac 5 {5001}=\frac {4996}{5001} $.
Okay, this wasn't as straightforward or as easy as the others but in my opinion it was i) informative as why it ought to be true and ii) cute.