Elaine had \(\frac{5}{8}\) of a pizza left after lunch. She shares this amount evenly among 5 friends.
To find out how much pizza each friend gets, we need to divide the remaining pizza by the number of friends. We do this as follows:
\[ \text{Amount per friend} = \frac{\frac{5}{8}}{5} \]
Dividing a fraction by a whole number means multiplying the fraction by the reciprocal of that whole number:
\[ \text{Amount per friend} = \frac{5}{8} \times \frac{1}{5} = \frac{5 \times 1}{8 \times 5} = \frac{5}{40} \]
Now, simplify \(\frac{5}{40}\):
\[ \frac{5}{40} = \frac{1}{8} \]
So, each of Elaine's friends gets \(\frac{1}{8}\) of the pizza.
The correct answer is \(\frac{1}{8}\).