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 $410 this week. $60 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Lily's gross income (before taxes) is $620 this week. $60 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
3Leo's gross income (before taxes) is $470 this week. $40 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
4Ben's gross income (before taxes) is $370 this week. $90 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
5Nora's gross income (before taxes) is $490 this week. $100 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
6Kai's gross income (before taxes) is $560 this week. $110 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
7Priya's gross income (before taxes) is $470 this week. $70 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
8Ben's gross income (before taxes) is $710 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
9Kai's gross income (before taxes) is $350 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
10Kai's gross income (before taxes) is $780 this week. $110 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
11Aiden's gross income (before taxes) is $470 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
12Kai's gross income (before taxes) is $530 this week. $120 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 350 dollars
- 2. 560 dollars
- 3. 430 dollars
- 4. 280 dollars
- 5. 390 dollars
- 6. 450 dollars
- 7. 400 dollars
- 8. 670 dollars
- 9. 300 dollars
- 10. 670 dollars
- 11. 380 dollars
- 12. 410 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets