Method1: It is a series of numbers where the next number is half of its previous number.
2/2 = 1
1/2 = 1/2
(1/2)/2 = 1/4
(1/4)/2 = 1/8
option B is correct.
Method 2:The above sequence is a GP (geometric progression) with the first term 2, and the common ratio 1/2.
$ n^th$ term of GP = $ a r^(nā1)$
So, fifth term of GP = $2*(1/2)^4$
=$2 * (1/16)$
= $1/8$
So, next term of GP = $1/8$