Answer:
the tax amount is $3.7
Explanation:
Given that
The price of the sweatshirt is $74
And, there is a 5% tax
So we assume that We need to find out the tax amount
So here the following formula should be used
= Price of the sweatshirt × tax rate
= $74 × 0.05
= $3.7
Hence, the tax amount is $3.7
So the same would be considered and relevant