50.42 minus 20% tax (net)
42.02
50.42 ÷ (1 + 20%) = 50.42 ÷ 1.2 = 42.02
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Removing 20% tax from 50.42 gives a net price of 42.02. The tax portion is 8.4.
| Gross amount | 50.42 |
| Tax (20%) | 8.4 |
| Net (gross − tax) | 42.02 |
Frequently asked questions
- Remove 20% tax from 50.42? Removing 20% tax from 50.42 gives a net price of 42.02. The tax portion is 8.4.
- What is the formula? 50.42 ÷ (1 + 20%) = 50.42 ÷ 1.2 = 42.02