42.18 minus 7% tax (net)
39.42
42.18 ÷ (1 + 7%) = 42.18 ÷ 1.07 = 39.42
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Removing 7% tax from 42.18 gives a net price of 39.42. The tax portion is 2.76.
| Gross amount | 42.18 |
| Tax (7%) | 2.76 |
| Net (gross − tax) | 39.42 |
Frequently asked questions
- Remove 7% tax from 42.18? Removing 7% tax from 42.18 gives a net price of 39.42. The tax portion is 2.76.
- What is the formula? 42.18 ÷ (1 + 7%) = 42.18 ÷ 1.07 = 39.42