πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Omar's gross income (before taxes) is $570 this week. $90 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Nora's gross income (before taxes) is $530 this week. $90 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
3Zoe's gross income (before taxes) is $800 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
4Nora's gross income (before taxes) is $750 this week. $110 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
5Sam's gross income (before taxes) is $670 this week. $40 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
6Rosa's gross income (before taxes) is $320 this week. $90 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
7Ben's gross income (before taxes) is $560 this week. $80 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
8Leo's gross income (before taxes) is $670 this week. $70 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
9Omar's gross income (before taxes) is $490 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
10Priya's gross income (before taxes) is $530 this week. $100 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
11Jamal's gross income (before taxes) is $330 this week. $120 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
12Omar's gross income (before taxes) is $430 this week. $60 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 480 dollars
- 2. 440 dollars
- 3. 740 dollars
- 4. 640 dollars
- 5. 630 dollars
- 6. 230 dollars
- 7. 480 dollars
- 8. 600 dollars
- 9. 410 dollars
- 10. 430 dollars
- 11. 210 dollars
- 12. 370 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets