πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Zoe's gross income (before taxes) is $550 this week. $70 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
2Nora's gross income (before taxes) is $580 this week. $80 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
3Ana's gross income (before taxes) is $760 this week. $80 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
4Sam's gross income (before taxes) is $780 this week. $120 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
5Theo's gross income (before taxes) is $320 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
6Mei's gross income (before taxes) is $390 this week. $100 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
7Maya's gross income (before taxes) is $720 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
8Lily's gross income (before taxes) is $450 this week. $80 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
9Maya's gross income (before taxes) is $340 this week. $90 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
10Theo's gross income (before taxes) is $760 this week. $100 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
11Theo's gross income (before taxes) is $450 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
12Mei's gross income (before taxes) is $510 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 480 dollars
- 2. 500 dollars
- 3. 680 dollars
- 4. 660 dollars
- 5. 210 dollars
- 6. 290 dollars
- 7. 660 dollars
- 8. 370 dollars
- 9. 250 dollars
- 10. 660 dollars
- 11. 340 dollars
- 12. 390 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets