JSFiddle - React, Tailwind, and code Playground

HTML

<div id="rates">

<input type="radio" class="demo" id="r1" name="rate" value="Fixed Rate"> Fixed Rate

<input type="radio" class= "demo"id="r2" name="rate" value="Variable Rate"> Variable Rate

<input type="radio" class="demo" id="r3" name="rate" value="Multi Rate"> Multi Rate  
    
    </div>

JavaScript

console.log($('.demo:selected').val());