get option text by value from select jquery code example

Example 1: jqury get selected option

<select id="myselect">
    <option value="1">Mr</option>
    <option value="2">Mrs</option>
    <option value="3">Ms</option>
    <option value="4">Dr</option>
    <option value="5">Prof</option>
</select>

<script>
$( "#myselect option:selected" ).val();
</script>

Example 2: jquery selected option value

$(document).ready(function(){
    $("select.country").change(function(){
        var selectedCountry = $(this).children("option:selected").val();
        alert("You have selected the country - " + selectedCountry);
    });