360 minus 20% tax (net)
300
360 รท (1 + 20%) = 360 รท 1.2 = 300
โ
Removing 20% tax from 360 gives a net price of 300. The tax portion is 60.
| Gross amount | 360 |
| Tax (20%) | 60 |
| Net (gross โ tax) | 300 |
Frequently asked questions
- Remove 20% tax from 360? Removing 20% tax from 360 gives a net price of 300. The tax portion is 60.
- What is the formula? 360 รท (1 + 20%) = 360 รท 1.2 = 300