πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Kai's gross income (before taxes) is $700 this week. $40 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
2Lily's gross income (before taxes) is $320 this week. $100 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
3Maya's gross income (before taxes) is $450 this week. $100 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
4Sam's gross income (before taxes) is $430 this week. $80 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
5Ben's gross income (before taxes) is $680 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
6Theo's gross income (before taxes) is $610 this week. $100 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
7Lily's gross income (before taxes) is $720 this week. $90 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
8Lily's gross income (before taxes) is $700 this week. $100 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
9Sam's gross income (before taxes) is $790 this week. $100 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
10Ana's gross income (before taxes) is $490 this week. $80 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
11Lily's gross income (before taxes) is $650 this week. $90 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
12Jamal's gross income (before taxes) is $650 this week. $40 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 660 dollars
- 2. 220 dollars
- 3. 350 dollars
- 4. 350 dollars
- 5. 580 dollars
- 6. 510 dollars
- 7. 630 dollars
- 8. 600 dollars
- 9. 690 dollars
- 10. 410 dollars
- 11. 560 dollars
- 12. 610 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets