Concept:
In combustion processes, more air than the stoichiometric requirement is often supplied to ensure complete burning. This additional air is called excess air.
Step 1:
Theoretical air is the exact amount of air needed for complete combustion with no oxygen left over.
Step 2:
Practical systems usually provide more than theoretical air for safety and complete combustion.
Step 3:
The extra amount above theoretical requirement is:
$$\text{Excess Air} = \frac{\text{Actual Air} - \text{Theoretical Air}}{\text{Theoretical Air}}\times 100$$
Step 4:
This matches the definition of excess air.
Step 5:
Therefore, the correct option is (B).