πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Priya's gross income (before taxes) is $550 this week. $50 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
2Ana's gross income (before taxes) is $320 this week. $80 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $660 this week. $80 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Ben's gross income (before taxes) is $640 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
5Sam's gross income (before taxes) is $630 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
6Kai's gross income (before taxes) is $680 this week. $80 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
7Sam's gross income (before taxes) is $340 this week. $40 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
8Priya's gross income (before taxes) is $740 this week. $100 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
9Priya's gross income (before taxes) is $740 this week. $80 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
10Zoe's gross income (before taxes) is $340 this week. $110 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
11Nora's gross income (before taxes) is $800 this week. $120 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
12Nora's gross income (before taxes) is $740 this week. $110 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 500 dollars
- 2. 240 dollars
- 3. 580 dollars
- 4. 600 dollars
- 5. 560 dollars
- 6. 600 dollars
- 7. 300 dollars
- 8. 640 dollars
- 9. 660 dollars
- 10. 230 dollars
- 11. 680 dollars
- 12. 630 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets