42.08 minus 5% tax (net)
40.08
42.08 ÷ (1 + 5%) = 42.08 ÷ 1.05 = 40.08
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Removing 5% tax from 42.08 gives a net price of 40.08. The tax portion is 2.
| Gross amount | 42.08 |
| Tax (5%) | 2 |
| Net (gross − tax) | 40.08 |
Frequently asked questions
- Remove 5% tax from 42.08? Removing 5% tax from 42.08 gives a net price of 40.08. The tax portion is 2.
- What is the formula? 42.08 ÷ (1 + 5%) = 42.08 ÷ 1.05 = 40.08