πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Theo's gross income (before taxes) is $560 this week. $60 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $350 this week. $90 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Maya's gross income (before taxes) is $470 this week. $80 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $470 this week. $50 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Jamal's gross income (before taxes) is $550 this week. $50 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
6Zoe's gross income (before taxes) is $790 this week. $90 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
7Maya's gross income (before taxes) is $720 this week. $90 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
8Priya's gross income (before taxes) is $700 this week. $50 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
9Theo's gross income (before taxes) is $520 this week. $40 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
10Theo's gross income (before taxes) is $740 this week. $40 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
11Sam's gross income (before taxes) is $340 this week. $60 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
12Ana's gross income (before taxes) is $730 this week. $80 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 500 dollars
- 2. 260 dollars
- 3. 390 dollars
- 4. 420 dollars
- 5. 500 dollars
- 6. 700 dollars
- 7. 630 dollars
- 8. 650 dollars
- 9. 480 dollars
- 10. 700 dollars
- 11. 280 dollars
- 12. 650 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets