Concept:
For parametric equations
\[
x=f(t), \qquad y=g(t),
\]
the first derivative is
\[
\frac{dy}{dx}
=
\frac{\frac{dy}{dt}}
{\frac{dx}{dt}}.
\]
The second derivative is obtained by differentiating with respect to \(t\) and then dividing by \(\dfrac{dx}{dt}\).
Step 1: Find the first derivative.
\[
\frac{dy}{dx}
=
\frac{y'}{x'}
\]
where
\[
x'=\frac{dx}{dt},
\qquad
y'=\frac{dy}{dt}.
\]
Step 2: Differentiate with respect to \(t\).
Using the quotient rule,
\[\begin{aligned}
\frac{d}{dt}\left(\frac{dy}{dx}\right)
&=
\frac{x'y''-x''y'}{(x')^2}
\end{aligned}\]
where
\[
x''=\frac{d^2x}{dt^2},
\qquad
y''=\frac{d^2y}{dt^2}.
\]
Step 3: Find \(\dfrac{d^2y}{dx^2}\).
\[
\frac{d^2y}{dx^2}
=
\frac{
\dfrac{d}{dt}
\left(\dfrac{dy}{dx}\right)
}
{\dfrac{dx}{dt}}
\]
Therefore,
\[\begin{aligned}
\frac{d^2y}{dx^2}
&=
\frac{
x'y''-x''y'
}
{(x')^3}
\end{aligned}\]
Substituting back,
\[\begin{aligned}
\frac{d^2y}{dx^2}
=
\frac{
\frac{dx}{dt}\frac{d^2y}{dt^2}
-
\frac{d^2x}{dt^2}\frac{dy}{dt}
}
{\left(\frac{dx}{dt}\right)^3}
\end{aligned}\]
\[\begin{aligned}
\boxed{
\frac{
\frac{dx}{dt}\frac{d^2y}{dt^2}
-
\frac{d^2x}{dt^2}\frac{dy}{dt}
}
{\left(\frac{dx}{dt}\right)^3}
}
\end{aligned}\]
Hence, option \(\mathbf{(A)}\) is correct.