42.08 minus 7% tax (net)
39.33
42.08 ÷ (1 + 7%) = 42.08 ÷ 1.07 = 39.33
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Removing 7% tax from 42.08 gives a net price of 39.33. The tax portion is 2.75.
| Gross amount | 42.08 |
| Tax (7%) | 2.75 |
| Net (gross − tax) | 39.33 |
Frequently asked questions
- Remove 7% tax from 42.08? Removing 7% tax from 42.08 gives a net price of 39.33. The tax portion is 2.75.
- What is the formula? 42.08 ÷ (1 + 7%) = 42.08 ÷ 1.07 = 39.33