πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Ana's gross income (before taxes) is $370 this week. $110 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
2Ana's gross income (before taxes) is $510 this week. $70 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
3Jamal's gross income (before taxes) is $630 this week. $50 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
4Leo's gross income (before taxes) is $430 this week. $100 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
5Sam's gross income (before taxes) is $560 this week. $90 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
6Aiden's gross income (before taxes) is $460 this week. $70 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
7Aiden's gross income (before taxes) is $400 this week. $70 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
8Jamal's gross income (before taxes) is $670 this week. $50 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
9Lily's gross income (before taxes) is $680 this week. $110 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
10Omar's gross income (before taxes) is $800 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
11Jamal's gross income (before taxes) is $740 this week. $50 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
12Maya's gross income (before taxes) is $470 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 260 dollars
- 2. 440 dollars
- 3. 580 dollars
- 4. 330 dollars
- 5. 470 dollars
- 6. 390 dollars
- 7. 330 dollars
- 8. 620 dollars
- 9. 570 dollars
- 10. 720 dollars
- 11. 690 dollars
- 12. 420 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets