43.2 minus 20% tax (net)
36
43.2 ÷ (1 + 20%) = 43.2 ÷ 1.2 = 36
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Removing 20% tax from 43.2 gives a net price of 36. The tax portion is 7.2.
| Gross amount | 43.2 |
| Tax (20%) | 7.2 |
| Net (gross − tax) | 36 |
Frequently asked questions
- Remove 20% tax from 43.2? Removing 20% tax from 43.2 gives a net price of 36. The tax portion is 7.2.
- What is the formula? 43.2 ÷ (1 + 20%) = 43.2 ÷ 1.2 = 36