πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Lily's gross income (before taxes) is $790 this week. $110 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
2Theo's gross income (before taxes) is $610 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
3Theo's gross income (before taxes) is $560 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
4Aiden's gross income (before taxes) is $360 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
5Rosa's gross income (before taxes) is $500 this week. $120 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
6Nora's gross income (before taxes) is $460 this week. $60 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
7Jamal's gross income (before taxes) is $480 this week. $70 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
8Mei's gross income (before taxes) is $740 this week. $80 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
9Priya's gross income (before taxes) is $420 this week. $100 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
10Rosa's gross income (before taxes) is $320 this week. $100 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
11Ben's gross income (before taxes) is $550 this week. $70 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
12Omar's gross income (before taxes) is $690 this week. $40 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 680 dollars
- 2. 500 dollars
- 3. 480 dollars
- 4. 240 dollars
- 5. 380 dollars
- 6. 400 dollars
- 7. 410 dollars
- 8. 660 dollars
- 9. 320 dollars
- 10. 220 dollars
- 11. 480 dollars
- 12. 650 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets