<div id="myDiv">
<form>
<select>
<option>100</option>
<option>200</option>
<option>300</option>
</select>
<b></b>
</form>
<form>
<select>
<option>100</option>
<option>200</option>
<option>300</option>
</select>
<b></b>
</form>
</div>
<script>
myDiv.onchange = function (event) {
event = event || window.event;
var target = event.target || event.srcElement;
target.parentNode.children[1].innerHTML = target.selectedIndex + 1;
}
</script>