102 minus 20% tax (net)
85
102 Γ· (1 + 20%) = 102 Γ· 1.2 = 85
β
Removing 20% tax from 102 gives a net price of 85. The tax portion is 17.
| Gross amount | 102 |
| Tax (20%) | 17 |
| Net (gross β tax) | 85 |
Frequently asked questions
- Remove 20% tax from 102? Removing 20% tax from 102 gives a net price of 85. The tax portion is 17.
- What is the formula? 102 Γ· (1 + 20%) = 102 Γ· 1.2 = 85