231 minus 5% tax (net)
220
231 ÷ (1 + 5%) = 231 ÷ 1.05 = 220
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Removing 5% tax from 231 gives a net price of 220. The tax portion is 11.
| Gross amount | 231 |
| Tax (5%) | 11 |
| Net (gross − tax) | 220 |
Frequently asked questions
- Remove 5% tax from 231? Removing 5% tax from 231 gives a net price of 220. The tax portion is 11.
- What is the formula? 231 ÷ (1 + 5%) = 231 ÷ 1.05 = 220