The word "chaiji" is spelled with the letters c, h, a, i, j, and i. Using the International Phonetic Alphabet (IPA), we can break down the pronunciation of each letter in the word. "C" makes the sound /tʃ/, "h" is silent, "a" is pronounced as the short vowel sound /æ/, "i" is pronounced as the short vowel sound /ɪ/, "j" makes the sound /dʒ/, and the final "i" is pronounced the same as the first. Therefore, the correct phonetic transcription of "chaiji" is /tʃæɪdʒi/.