Check the picture,
let A be the point where the circle (the wheel) touches the ground. One revolution is completed when A is back on the ground. This happens after all the points in the circumference, have touched the ground.
So one revolution means 1 circumference, which is equal to one 2πR.
50 revolutions per minute means the velocity is 50*2πR inches per 1 minute.
50*2πR=50*2*3.14*80 (inches) = 25,120 inches per minute.
1 foot is 12 inch, so 25,120 inches are

feet
1 mile is 5280 feet so 2093.3 feet are

mile
now we convert minutes to hour: 1 hour = 60 min, so 1 min=1/60 hour
finally:
velocity=
