157.5 minus 5% tax (net)
150
157.5 ÷ (1 + 5%) = 157.5 ÷ 1.05 = 150
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Removing 5% tax from 157.5 gives a net price of 150. The tax portion is 7.5.
| Gross amount | 157.5 |
| Tax (5%) | 7.5 |
| Net (gross − tax) | 150 |
Frequently asked questions
- Remove 5% tax from 157.5? Removing 5% tax from 157.5 gives a net price of 150. The tax portion is 7.5.
- What is the formula? 157.5 ÷ (1 + 5%) = 157.5 ÷ 1.05 = 150