πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Omar's gross income (before taxes) is $640 this week. $100 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Rosa's gross income (before taxes) is $660 this week. $80 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
3Ben's gross income (before taxes) is $630 this week. $120 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $460 this week. $120 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Ben's gross income (before taxes) is $650 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
6Nora's gross income (before taxes) is $620 this week. $70 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
7Mei's gross income (before taxes) is $310 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
8Kai's gross income (before taxes) is $770 this week. $70 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
9Aiden's gross income (before taxes) is $450 this week. $100 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
10Aiden's gross income (before taxes) is $580 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
11Aiden's gross income (before taxes) is $400 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
12Aiden's gross income (before taxes) is $540 this week. $110 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 540 dollars
- 2. 580 dollars
- 3. 510 dollars
- 4. 340 dollars
- 5. 550 dollars
- 6. 550 dollars
- 7. 190 dollars
- 8. 700 dollars
- 9. 350 dollars
- 10. 460 dollars
- 11. 280 dollars
- 12. 430 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets