Step 1: Recall cofactor matrix property.
If \( A \) is an \( n \times n \) matrix, then:
\[
\det(\text{cofactor matrix}) = (\det A)^{n-1}
\]
Step 2: Substitute given values.
\[
n = 3,\quad \det A = 7
\]
Step 3: Apply formula.
\[
\det(\text{cofactor matrix}) = 7^{3-1}
\]
\[
= 7^2
\]
Step 4: Compute value.
\[
7^2 = 49
\]
Step 5: Match with options.
Correct option is (B).
Step 6: Interpretation.
Cofactor matrix determinant grows as power of original determinant.
Step 7: Final conclusion.
\[
\boxed{49}
\]