πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Theo's gross income (before taxes) is $500 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
2Omar's gross income (before taxes) is $650 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
3Maya's gross income (before taxes) is $630 this week. $120 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
4Priya's gross income (before taxes) is $400 this week. $70 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
5Ben's gross income (before taxes) is $750 this week. $80 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
6Kai's gross income (before taxes) is $760 this week. $80 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
7Ben's gross income (before taxes) is $660 this week. $50 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
8Rosa's gross income (before taxes) is $370 this week. $110 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
9Maya's gross income (before taxes) is $560 this week. $70 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
10Maya's gross income (before taxes) is $550 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
11Ana's gross income (before taxes) is $300 this week. $50 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
12Jamal's gross income (before taxes) is $670 this week. $80 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 390 dollars
- 2. 570 dollars
- 3. 510 dollars
- 4. 330 dollars
- 5. 670 dollars
- 6. 680 dollars
- 7. 610 dollars
- 8. 260 dollars
- 9. 490 dollars
- 10. 500 dollars
- 11. 250 dollars
- 12. 590 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets