0
Subtract.
Gross is the amount you started with. Net is the amount you have left after some was taken away. (for whatever reason)
Examples:
If you gross $1000 in earnings and than pay $200 in taxes, you net $800 because: (1000 - 200 = 800).
If you gross $1000 in sales volume but it cost you $900 to produce the items you sold; your net would be $100 profit because: (1000 - 900 = 100).
Still curious? Ask our experts.
Chat with our AI personalities
Vivi
Blake
CoachAdd your answer:
Earn +20 pts
How do you work out a nett amount plus 20 percent to give a gross amount?
Net amount x 120%= Gross amount
How do you get net amount for 1280.00 gross amount?
The answer will depend on what you are "netting" for: taxes, deductions, other.
Difference between gross and net volume?
Gross is what is made prior to all tax deductions. Net pay is the actual amount made. For instance if your check before taxes is $500 that is your gross pay. If after taxes it is $409 that is your net pay. The same can be applied to volume.
How is gross income different from net income?
net income is gross income less expenses
How do you solve monthly gross pay?
Net pay = gross pay - deductions. Or in percentages: Net pay = gross pay x (1 - percentage of deductions / 100) If you have any two of these, you can solve the third. For example, in the last formula: gross pay = net pay / (1 - percentage of deductions / 100)
