42.08 minus 20% tax (net)
35.07
42.08 ÷ (1 + 20%) = 42.08 ÷ 1.2 = 35.07
—
Removing 20% tax from 42.08 gives a net price of 35.07. The tax portion is 7.01.
| Gross amount | 42.08 |
| Tax (20%) | 7.01 |
| Net (gross − tax) | 35.07 |
Frequently asked questions
- Remove 20% tax from 42.08? Removing 20% tax from 42.08 gives a net price of 35.07. The tax portion is 7.01.
- What is the formula? 42.08 ÷ (1 + 20%) = 42.08 ÷ 1.2 = 35.07