πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Jamal's gross income (before taxes) is $440 this week. $40 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
2Zoe's gross income (before taxes) is $450 this week. $70 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
3Priya's gross income (before taxes) is $590 this week. $90 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
4Rosa's gross income (before taxes) is $380 this week. $50 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
5Leo's gross income (before taxes) is $590 this week. $90 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
6Aiden's gross income (before taxes) is $690 this week. $70 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
7Sam's gross income (before taxes) is $700 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
8Sam's gross income (before taxes) is $330 this week. $40 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
9Theo's gross income (before taxes) is $770 this week. $100 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
10Zoe's gross income (before taxes) is $640 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
11Lily's gross income (before taxes) is $320 this week. $100 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
12Theo's gross income (before taxes) is $430 this week. $120 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 400 dollars
- 2. 380 dollars
- 3. 500 dollars
- 4. 330 dollars
- 5. 500 dollars
- 6. 620 dollars
- 7. 630 dollars
- 8. 290 dollars
- 9. 670 dollars
- 10. 580 dollars
- 11. 220 dollars
- 12. 310 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets