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 $350 this week. $100 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $660 this week. $40 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $480 this week. $80 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Jamal's gross income (before taxes) is $400 this week. $40 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
5Priya's gross income (before taxes) is $470 this week. $110 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
6Leo's gross income (before taxes) is $750 this week. $110 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
7Ana's gross income (before taxes) is $760 this week. $120 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
8Mei's gross income (before taxes) is $340 this week. $110 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
9Kai's gross income (before taxes) is $680 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
10Omar's gross income (before taxes) is $560 this week. $110 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
11Zoe's gross income (before taxes) is $300 this week. $90 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
12Maya's gross income (before taxes) is $490 this week. $80 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 250 dollars
- 2. 620 dollars
- 3. 400 dollars
- 4. 360 dollars
- 5. 360 dollars
- 6. 640 dollars
- 7. 640 dollars
- 8. 230 dollars
- 9. 630 dollars
- 10. 450 dollars
- 11. 210 dollars
- 12. 410 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets