108 minus 20% tax (net)
90
108 Γ· (1 + 20%) = 108 Γ· 1.2 = 90
β
Removing 20% tax from 108 gives a net price of 90. The tax portion is 18.
| Gross amount | 108 |
| Tax (20%) | 18 |
| Net (gross β tax) | 90 |
Frequently asked questions
- Remove 20% tax from 108? Removing 20% tax from 108 gives a net price of 90. The tax portion is 18.
- What is the formula? 108 Γ· (1 + 20%) = 108 Γ· 1.2 = 90