To determine the answer, we can dissect each sentence in the problem. We proceed as follows:
You cut off half of a strip of paper.
1(.5) = .5
Then you cut off half of the piece that is left.
.5(.5) = .25
Then you cut off half of the remaining piece.
.25(.5) = 0.125
Therefore, the fraction that is left from the original strip would be 0.125.