Final answer:
The power rating of the toaster is calculated using the formula P = IV, yielding a power rating of 900 watts.
Step-by-step explanation:
The power rating of a toaster can be calculated using the formula for electrical power, which is given by P = IV, where P represents power in watts, I is the current in amperes, and V is the potential difference in volts. Given that the toaster oven has a current (I) of 7.5 amperes and is connected to a potential difference (V) of 120 volts, we can calculate the power rating (P) using the above formula.
P = I \times V
P = 7.5 A \times 120 V
P = 900 W
Therefore, the power rating of the toaster is 900 watts.