πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Jamal's gross income (before taxes) is $630 this week. $90 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
2Theo's gross income (before taxes) is $700 this week. $120 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
3Mei's gross income (before taxes) is $350 this week. $40 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $380 this week. $120 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Ana's gross income (before taxes) is $800 this week. $110 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
6Kai's gross income (before taxes) is $780 this week. $100 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
7Kai's gross income (before taxes) is $750 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
8Nora's gross income (before taxes) is $710 this week. $70 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
9Zoe's gross income (before taxes) is $410 this week. $50 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
10Aiden's gross income (before taxes) is $670 this week. $60 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
11Priya's gross income (before taxes) is $360 this week. $40 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
12Jamal's gross income (before taxes) is $370 this week. $90 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 540 dollars
- 2. 580 dollars
- 3. 310 dollars
- 4. 260 dollars
- 5. 690 dollars
- 6. 680 dollars
- 7. 700 dollars
- 8. 640 dollars
- 9. 360 dollars
- 10. 610 dollars
- 11. 320 dollars
- 12. 280 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets