πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Mei's gross income (before taxes) is $320 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
2Kai's gross income (before taxes) is $760 this week. $60 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
3Maya's gross income (before taxes) is $340 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
4Maya's gross income (before taxes) is $580 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
5Ben's gross income (before taxes) is $390 this week. $60 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
6Priya's gross income (before taxes) is $560 this week. $110 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
7Aiden's gross income (before taxes) is $420 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
8Zoe's gross income (before taxes) is $400 this week. $40 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
9Ben's gross income (before taxes) is $500 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
10Ben's gross income (before taxes) is $400 this week. $50 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
11Ben's gross income (before taxes) is $590 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
12Ana's gross income (before taxes) is $590 this week. $40 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 200 dollars
- 2. 700 dollars
- 3. 280 dollars
- 4. 530 dollars
- 5. 330 dollars
- 6. 450 dollars
- 7. 330 dollars
- 8. 360 dollars
- 9. 400 dollars
- 10. 350 dollars
- 11. 490 dollars
- 12. 550 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets