157.2 minus 20% tax (net)
131
157.2 ÷ (1 + 20%) = 157.2 ÷ 1.2 = 131
—
Removing 20% tax from 157.2 gives a net price of 131. The tax portion is 26.2.
| Gross amount | 157.2 |
| Tax (20%) | 26.2 |
| Net (gross − tax) | 131 |
Frequently asked questions
- Remove 20% tax from 157.2? Removing 20% tax from 157.2 gives a net price of 131. The tax portion is 26.2.
- What is the formula? 157.2 ÷ (1 + 20%) = 157.2 ÷ 1.2 = 131