Actually, in recent layout WordPress removed the option in the profile.
You can just go to your website as
b. Click on Lost your password?
c. Type username or email and click on Get New Password bottom.
Now you will get new password reset link in your email.
After you click that link, you can see password there. You can change the given password there and click on confirm.
You can check this video, however the things are changed recently in a new version.