42.55 minus 20% tax (net)
35.45
42.55 ÷ (1 + 20%) = 42.55 ÷ 1.2 = 35.45
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Removing 20% tax from 42.55 gives a net price of 35.45. The tax portion is 7.09.
| Gross amount | 42.55 |
| Tax (20%) | 7.09 |
| Net (gross − tax) | 35.45 |
Frequently asked questions
- Remove 20% tax from 42.55? Removing 20% tax from 42.55 gives a net price of 35.45. The tax portion is 7.09.
- What is the formula? 42.55 ÷ (1 + 20%) = 42.55 ÷ 1.2 = 35.45