42.08 minus 8% tax (net)
38.97
42.08 ÷ (1 + 8%) = 42.08 ÷ 1.08 = 38.97
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Removing 8% tax from 42.08 gives a net price of 38.97. The tax portion is 3.12.
| Gross amount | 42.08 |
| Tax (8%) | 3.12 |
| Net (gross − tax) | 38.97 |
Frequently asked questions
- Remove 8% tax from 42.08? Removing 8% tax from 42.08 gives a net price of 38.97. The tax portion is 3.12.
- What is the formula? 42.08 ÷ (1 + 8%) = 42.08 ÷ 1.08 = 38.97