42.67 minus 20% tax (net)
35.56
42.67 ÷ (1 + 20%) = 42.67 ÷ 1.2 = 35.56
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Removing 20% tax from 42.67 gives a net price of 35.56. The tax portion is 7.11.
| Gross amount | 42.67 |
| Tax (20%) | 7.11 |
| Net (gross − tax) | 35.56 |
Frequently asked questions
- Remove 20% tax from 42.67? Removing 20% tax from 42.67 gives a net price of 35.56. The tax portion is 7.11.
- What is the formula? 42.67 ÷ (1 + 20%) = 42.67 ÷ 1.2 = 35.56