πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Aiden's gross income (before taxes) is $530 this week. $40 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
2Aiden's gross income (before taxes) is $560 this week. $40 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
3Priya's gross income (before taxes) is $600 this week. $50 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
4Omar's gross income (before taxes) is $470 this week. $110 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
5Jamal's gross income (before taxes) is $450 this week. $60 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
6Theo's gross income (before taxes) is $500 this week. $120 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
7Jamal's gross income (before taxes) is $560 this week. $110 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
8Mei's gross income (before taxes) is $340 this week. $80 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
9Aiden's gross income (before taxes) is $550 this week. $60 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
10Aiden's gross income (before taxes) is $700 this week. $70 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
11Ben's gross income (before taxes) is $490 this week. $80 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
12Ana's gross income (before taxes) is $690 this week. $120 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 490 dollars
- 2. 520 dollars
- 3. 550 dollars
- 4. 360 dollars
- 5. 390 dollars
- 6. 380 dollars
- 7. 450 dollars
- 8. 260 dollars
- 9. 490 dollars
- 10. 630 dollars
- 11. 410 dollars
- 12. 570 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets