πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Leo's gross income (before taxes) is $680 this week. $80 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
2Theo's gross income (before taxes) is $340 this week. $100 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
3Maya's gross income (before taxes) is $670 this week. $70 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
4Rosa's gross income (before taxes) is $680 this week. $90 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
5Theo's gross income (before taxes) is $410 this week. $120 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
6Lily's gross income (before taxes) is $790 this week. $120 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
7Theo's gross income (before taxes) is $790 this week. $50 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
8Omar's gross income (before taxes) is $450 this week. $110 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
9Lily's gross income (before taxes) is $700 this week. $110 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
10Ben's gross income (before taxes) is $530 this week. $120 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
11Jamal's gross income (before taxes) is $750 this week. $110 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
12Aiden's gross income (before taxes) is $420 this week. $70 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 600 dollars
- 2. 240 dollars
- 3. 600 dollars
- 4. 590 dollars
- 5. 290 dollars
- 6. 670 dollars
- 7. 740 dollars
- 8. 340 dollars
- 9. 590 dollars
- 10. 410 dollars
- 11. 640 dollars
- 12. 350 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets