42.46 minus 20% tax (net)
35.38
42.46 ÷ (1 + 20%) = 42.46 ÷ 1.2 = 35.38
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Removing 20% tax from 42.46 gives a net price of 35.38. The tax portion is 7.08.
| Gross amount | 42.46 |
| Tax (20%) | 7.08 |
| Net (gross − tax) | 35.38 |
Frequently asked questions
- Remove 20% tax from 42.46? Removing 20% tax from 42.46 gives a net price of 35.38. The tax portion is 7.08.
- What is the formula? 42.46 ÷ (1 + 20%) = 42.46 ÷ 1.2 = 35.38