Step 1: Concept
This is a permutation problem where we select 3 digits out of 5 available digits without replacement.
Step 2: Meaning
Numbers between 100 and 999 are 3-digit numbers. We have 5 digits available: {1, 4, 7, 8, 9}.
Step 3: Analysis
Total numbers = $^5P_3 = 5 \times 4 \times 3$.
Step 4: Conclusion
$5 \times 4 \times 3 = 60$. There are 60 such numbers.
Final Answer: (B)