The work done by the tension is calculated using the formula:

\(ext{Work Done (WD)} = F imes s\)

where \(F = 500 \text{ N}\) is the tension and \(s\) is the distance traveled.

The distance \(s\) can be found using the speed \(v = 2.75 \text{ m/s}\) and time \(t = 40 \text{ s}\):

\(s = v imes t = 2.75 imes 40 = 110 \text{ m}\)

Thus, the work done is:

\(ext{WD} = 500 imes 110 = 55000 \text{ J}\)

The power applied by the tension is given by:

\(P = \frac{\text{WD}}{t} = \frac{55000}{40} = 1375 \text{ W}\)

Alternatively, power can also be calculated using:

\(P = F imes v = 500 imes 2.75 = 1375 \text{ W}\)