I'd do (added caching):
var bbx = $("#blackbox");
bbx.css('background-color') === 'rgb(255, 192, 203)' ? bbx.css('background','black') : bbx.css('background','pink')
wroking fiddle (new AGAIN): http://jsfiddle.net/6nar4/37/
I had to change the first operator as css()
returns the rgb value of the color