71.5 minus 10% tax (net)
65
71.5 ÷ (1 + 10%) = 71.5 ÷ 1.1 = 65
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Removing 10% tax from 71.5 gives a net price of 65. The tax portion is 6.5.
| Gross amount | 71.5 |
| Tax (10%) | 6.5 |
| Net (gross − tax) | 65 |
Frequently asked questions
- Remove 10% tax from 71.5? Removing 10% tax from 71.5 gives a net price of 65. The tax portion is 6.5.
- What is the formula? 71.5 ÷ (1 + 10%) = 71.5 ÷ 1.1 = 65