πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Ben's gross income (before taxes) is $660 this week. $50 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Nora's gross income (before taxes) is $440 this week. $60 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
3Jamal's gross income (before taxes) is $720 this week. $70 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
4Nora's gross income (before taxes) is $750 this week. $70 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
5Omar's gross income (before taxes) is $760 this week. $40 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
6Ana's gross income (before taxes) is $360 this week. $110 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
7Priya's gross income (before taxes) is $480 this week. $120 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
8Mei's gross income (before taxes) is $770 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
9Nora's gross income (before taxes) is $550 this week. $60 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
10Sam's gross income (before taxes) is $650 this week. $50 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
11Leo's gross income (before taxes) is $580 this week. $40 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
12Omar's gross income (before taxes) is $590 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 610 dollars
- 2. 380 dollars
- 3. 650 dollars
- 4. 680 dollars
- 5. 720 dollars
- 6. 250 dollars
- 7. 360 dollars
- 8. 650 dollars
- 9. 490 dollars
- 10. 600 dollars
- 11. 540 dollars
- 12. 510 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets