πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Sam's gross income (before taxes) is $740 this week. $110 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
2Ben's gross income (before taxes) is $640 this week. $110 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
3Lily's gross income (before taxes) is $340 this week. $40 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
4Sam's gross income (before taxes) is $300 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
5Zoe's gross income (before taxes) is $310 this week. $110 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
6Lily's gross income (before taxes) is $570 this week. $50 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
7Lily's gross income (before taxes) is $760 this week. $110 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
8Kai's gross income (before taxes) is $720 this week. $70 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
9Maya's gross income (before taxes) is $350 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
10Theo's gross income (before taxes) is $780 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
11Theo's gross income (before taxes) is $750 this week. $50 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
12Jamal's gross income (before taxes) is $500 this week. $40 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 630 dollars
- 2. 530 dollars
- 3. 300 dollars
- 4. 230 dollars
- 5. 200 dollars
- 6. 520 dollars
- 7. 650 dollars
- 8. 650 dollars
- 9. 300 dollars
- 10. 700 dollars
- 11. 700 dollars
- 12. 460 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets