137.5 minus 7% tax (net)
128.5
137.5 ÷ (1 + 7%) = 137.5 ÷ 1.07 = 128.5
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Removing 7% tax from 137.5 gives a net price of 128.5. The tax portion is 9.
| Gross amount | 137.5 |
| Tax (7%) | 9 |
| Net (gross − tax) | 128.5 |
Frequently asked questions
- Remove 7% tax from 137.5? Removing 7% tax from 137.5 gives a net price of 128.5. The tax portion is 9.
- What is the formula? 137.5 ÷ (1 + 7%) = 137.5 ÷ 1.07 = 128.5