120.88 minus 13% tax (net)
106.97
120.88 ÷ (1 + 13%) = 120.88 ÷ 1.13 = 106.97
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Removing 13% tax from 120.88 gives a net price of 106.97. The tax portion is 13.91.
| Gross amount | 120.88 |
| Tax (13%) | 13.91 |
| Net (gross − tax) | 106.97 |
Frequently asked questions
- Remove 13% tax from 120.88? Removing 13% tax from 120.88 gives a net price of 106.97. The tax portion is 13.91.
- What is the formula? 120.88 ÷ (1 + 13%) = 120.88 ÷ 1.13 = 106.97