πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Theo's gross income (before taxes) is $690 this week. $40 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
2Ana's gross income (before taxes) is $630 this week. $110 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
3Leo's gross income (before taxes) is $770 this week. $90 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
4Leo's gross income (before taxes) is $630 this week. $60 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
5Jamal's gross income (before taxes) is $460 this week. $90 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
6Rosa's gross income (before taxes) is $660 this week. $110 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
7Omar's gross income (before taxes) is $400 this week. $70 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
8Kai's gross income (before taxes) is $620 this week. $90 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
9Lily's gross income (before taxes) is $570 this week. $70 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
10Ben's gross income (before taxes) is $800 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
11Jamal's gross income (before taxes) is $420 this week. $60 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
12Jamal's gross income (before taxes) is $350 this week. $80 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 650 dollars
- 2. 520 dollars
- 3. 680 dollars
- 4. 570 dollars
- 5. 370 dollars
- 6. 550 dollars
- 7. 330 dollars
- 8. 530 dollars
- 9. 500 dollars
- 10. 700 dollars
- 11. 360 dollars
- 12. 270 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets