Caius L. answered 12/16/15
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1 minute is a fifth of 5 minutes so you would correspondingly need to figure out what is a fifth of 1/3 mile. To do this you could divide 1/3 by 5.
(1 / 3) / 5
Another way to think about this division (and in fact, you can ALWAYS think about division in this way) is in terms of a multiplication by 1 / 5.
(1 / 3) / 5 = (1 / 3) * (1 / 5) = 1 / 15 of a mile.