72.9 minus 8% tax (net)
67.5
72.9 ÷ (1 + 8%) = 72.9 ÷ 1.08 = 67.5
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Removing 8% tax from 72.9 gives a net price of 67.5. The tax portion is 5.4.
| Gross amount | 72.9 |
| Tax (8%) | 5.4 |
| Net (gross − tax) | 67.5 |
Frequently asked questions
- Remove 8% tax from 72.9? Removing 8% tax from 72.9 gives a net price of 67.5. The tax portion is 5.4.
- What is the formula? 72.9 ÷ (1 + 8%) = 72.9 ÷ 1.08 = 67.5