πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Omar's gross income (before taxes) is $620 this week. $60 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Nora's gross income (before taxes) is $730 this week. $70 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
3Priya's gross income (before taxes) is $470 this week. $110 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
4Ana's gross income (before taxes) is $750 this week. $40 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
5Priya's gross income (before taxes) is $310 this week. $80 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
6Zoe's gross income (before taxes) is $450 this week. $40 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
7Kai's gross income (before taxes) is $420 this week. $80 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
8Mei's gross income (before taxes) is $470 this week. $40 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
9Maya's gross income (before taxes) is $520 this week. $120 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
10Theo's gross income (before taxes) is $700 this week. $90 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
11Nora's gross income (before taxes) is $450 this week. $50 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
12Sam's gross income (before taxes) is $410 this week. $40 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 560 dollars
- 2. 660 dollars
- 3. 360 dollars
- 4. 710 dollars
- 5. 230 dollars
- 6. 410 dollars
- 7. 340 dollars
- 8. 430 dollars
- 9. 400 dollars
- 10. 610 dollars
- 11. 400 dollars
- 12. 370 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets