πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Ben's gross income (before taxes) is $640 this week. $60 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $320 this week. $120 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $560 this week. $50 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Nora's gross income (before taxes) is $720 this week. $110 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
5Priya's gross income (before taxes) is $620 this week. $110 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
6Sam's gross income (before taxes) is $600 this week. $50 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
7Omar's gross income (before taxes) is $360 this week. $40 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
8Ana's gross income (before taxes) is $640 this week. $70 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
9Rosa's gross income (before taxes) is $470 this week. $70 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
10Ana's gross income (before taxes) is $460 this week. $50 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
11Mei's gross income (before taxes) is $370 this week. $90 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
12Priya's gross income (before taxes) is $500 this week. $50 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 580 dollars
- 2. 200 dollars
- 3. 510 dollars
- 4. 610 dollars
- 5. 510 dollars
- 6. 550 dollars
- 7. 320 dollars
- 8. 570 dollars
- 9. 400 dollars
- 10. 410 dollars
- 11. 280 dollars
- 12. 450 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets