πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Maya's gross income (before taxes) is $750 this week. $110 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $340 this week. $60 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Theo's gross income (before taxes) is $460 this week. $90 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
4Jamal's gross income (before taxes) is $530 this week. $100 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
5Theo's gross income (before taxes) is $410 this week. $90 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
6Ben's gross income (before taxes) is $340 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
7Mei's gross income (before taxes) is $750 this week. $50 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
8Nora's gross income (before taxes) is $300 this week. $50 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
9Zoe's gross income (before taxes) is $550 this week. $70 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
10Lily's gross income (before taxes) is $650 this week. $110 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
11Aiden's gross income (before taxes) is $770 this week. $100 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
12Theo's gross income (before taxes) is $570 this week. $120 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 640 dollars
- 2. 280 dollars
- 3. 370 dollars
- 4. 430 dollars
- 5. 320 dollars
- 6. 300 dollars
- 7. 700 dollars
- 8. 250 dollars
- 9. 480 dollars
- 10. 540 dollars
- 11. 670 dollars
- 12. 450 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets