Answer:
Tax amount = $36.25
Step-by-step explanation:
The tax rate is 7.25%.
We need to find the tax be on a $500 TV.
It can be calculated as follows :
[tex]C=500\times 7.25\%\\\\=500\times \dfrac{7.25}{100}\\\\=\$36.25[/tex]
So, the required tax on $500 TV is $36.25.