42.41 minus 20% tax (net)
35.34
42.41 ÷ (1 + 20%) = 42.41 ÷ 1.2 = 35.34
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Removing 20% tax from 42.41 gives a net price of 35.34. The tax portion is 7.07.
| Gross amount | 42.41 |
| Tax (20%) | 7.07 |
| Net (gross − tax) | 35.34 |
Frequently asked questions
- Remove 20% tax from 42.41? Removing 20% tax from 42.41 gives a net price of 35.34. The tax portion is 7.07.
- What is the formula? 42.41 ÷ (1 + 20%) = 42.41 ÷ 1.2 = 35.34