Html

                <span class="Add">Add New +</span>
                <div class="all">
                  <form class="formi">
                    <input type="text" placeholder="name" value="Sarah" />
                    <select name="cars">
                      <option value="one">one</option>
                      <option value="two">two</option>
                    </select>
                    <button type="submit">ok</button>
                    <span class="cancel">Cancel</span>
                  </form>
                </div>

                

Jquery

                $(document).ready(function() {
                    $(".Add").click(function() {
                      
                        $(".formi")
                          .eq(0)
                          .clone()
                          .find("input").val("").end() // ***
                          .show()
                          .insertAfter(".formi:last");
                      
                    });


                    $('.all').on('click', ".cancel", function() {
                      $(this).closest('.formi').remove();
                    });


                });