We have the following:
[tex]\begin{gathered} f(x)=\frac{1}{x} \\ g(x)=\frac{x+1}{x} \end{gathered}[/tex]now, (f(x) o g(x))
[tex]\mleft(f\: (x)\circ\: g(x)\mright)=\frac{1}{\frac{x+1}{x}}=\frac{x}{x+1}[/tex]The answer is the second option
[tex]\frac{x}{x+1}[/tex]