88.5 minus 18% tax (net)
75
88.5 ÷ (1 + 18%) = 88.5 ÷ 1.18 = 75
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Removing 18% tax from 88.5 gives a net price of 75. The tax portion is 13.5.
| Gross amount | 88.5 |
| Tax (18%) | 13.5 |
| Net (gross − tax) | 75 |
Frequently asked questions
- Remove 18% tax from 88.5? Removing 18% tax from 88.5 gives a net price of 75. The tax portion is 13.5.
- What is the formula? 88.5 ÷ (1 + 18%) = 88.5 ÷ 1.18 = 75