The below code snippet explains how to get the value of the option from HTML Select dropdown using jQuery
	
		<select id="mySelect">
	
		    <option value="1">Yes</option>
	
		    <option value="2">No</option>
	
		</select>
	
		<input type="button" id="demo" value = "Demo" />
	
		<script type="text/javascript">
	
		    $("#demo").live("click", function () {
	
		        //Get text or inner html of the selected option 
	
		        var selectedText = $("#mySelect option:selected").html();
	
		        alert(selectedText);
	
		    });
	
		</script>
 
	 
	Explanation:
	The button with ID demo is attached with a click event. When the button is clicked the text or inner HTML of the selected option of the HTML Select Dropdown with ID mySelect is fetched and displayed in alert.