Question

i have a p tag that has many anchor tags and some text. i want to replace each of the anchor tags with its respected href.

Answer 1

I interpret your question that you want to replace the whole tag, not only the contained text, like so: http://jsfiddle.net/xXmWj/1/

You are looking for .replaceWith():

$('p a').replaceWith(function() {
    return $(this).attr('href');
});