πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Nora's gross income (before taxes) is $310 this week. $80 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $360 this week. $100 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Omar's gross income (before taxes) is $520 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $760 this week. $50 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Ben's gross income (before taxes) is $670 this week. $50 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
6Maya's gross income (before taxes) is $480 this week. $100 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
7Mei's gross income (before taxes) is $490 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
8Zoe's gross income (before taxes) is $630 this week. $90 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
9Ben's gross income (before taxes) is $740 this week. $60 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
10Sam's gross income (before taxes) is $320 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
11Theo's gross income (before taxes) is $360 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
12Sam's gross income (before taxes) is $620 this week. $60 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 230 dollars
- 2. 260 dollars
- 3. 440 dollars
- 4. 710 dollars
- 5. 620 dollars
- 6. 380 dollars
- 7. 370 dollars
- 8. 540 dollars
- 9. 680 dollars
- 10. 250 dollars
- 11. 280 dollars
- 12. 560 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets