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 $440 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
2Theo's gross income (before taxes) is $530 this week. $70 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $510 this week. $50 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $740 this week. $50 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Omar's gross income (before taxes) is $550 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
6Nora's gross income (before taxes) is $300 this week. $60 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
7Lily's gross income (before taxes) is $730 this week. $70 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
8Omar's gross income (before taxes) is $690 this week. $50 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
9Jamal's gross income (before taxes) is $720 this week. $80 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
10Rosa's gross income (before taxes) is $370 this week. $50 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
11Zoe's gross income (before taxes) is $410 this week. $70 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
12Kai's gross income (before taxes) is $630 this week. $110 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 320 dollars
- 2. 460 dollars
- 3. 460 dollars
- 4. 690 dollars
- 5. 470 dollars
- 6. 240 dollars
- 7. 660 dollars
- 8. 640 dollars
- 9. 640 dollars
- 10. 320 dollars
- 11. 340 dollars
- 12. 520 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets