JSFiddle - React, Tailwind, and code Playground
HTML
<select id="myselect">
<option value="1">value1</option>
<option value="2" selected="selected">value2</option>
<option value="3">value3</option>
</select>
JavaScript
var selects = document.getElementById("myselect");
var selectedValue = selects.options[selects.selectedIndex].value;// will gives u 2
var selectedText = selects.options[selects.selectedIndex].text;// gives u value2
alert(selectedText);
alert(selectedValue);