JSFiddle - React, Tailwind, and code Playground
by jnfsmile
HTML
<select id="VatExpense">
<option data-rate="20" value="" disabled selected>Expense Type</option>
<option data-rate="20" value="0">Telephone</option>
<option data-rate="0" value="1">Public Transport & Taxis</option>
<option data-rate="20" value="0">Computer Consumables</option>
<option data-rate="20" value="0">Subsistence</option>
<option data-rate="0" value="1">Overseas Travel</option>
</select>
<input type="text" id="vat" placeholder="Rate">
JavaScript
$("#VatExpense").change(function(){
$("#vat").attr("placeholder", $(this).find(":selected").data("rate") + "%");
})