So we need a common denominator, and we'll choose 16 since that is common to both terms. What we do to the bottom of a fraction, we must also do to the top of the fraction, so in order to transform the fraction, we must do the following:
[tex] \frac{1}{8}*\frac{2}{2}=\frac{2}{16} [/tex]
Now that we have this fraction with the correct denominator, we can subtract and solve the equation:
[tex] \frac{5}{16} -\frac{2}{16} =\frac{3}{16} [/tex]
Since [tex] \frac{3}{16} [/tex] cannot be reduced any further, we are going to leave this as the answer.
So now we now that the answer is [tex] \frac{3}{16} [/tex].