πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Kai's gross income (before taxes) is $650 this week. $40 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
2Rosa's gross income (before taxes) is $640 this week. $110 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
3Nora's gross income (before taxes) is $430 this week. $60 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
4Maya's gross income (before taxes) is $760 this week. $40 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
5Mei's gross income (before taxes) is $370 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
6Sam's gross income (before taxes) is $450 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
7Maya's gross income (before taxes) is $750 this week. $100 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
8Ana's gross income (before taxes) is $410 this week. $40 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
9Mei's gross income (before taxes) is $360 this week. $80 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
10Kai's gross income (before taxes) is $690 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
11Leo's gross income (before taxes) is $330 this week. $70 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
12Rosa's gross income (before taxes) is $540 this week. $100 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 610 dollars
- 2. 530 dollars
- 3. 370 dollars
- 4. 720 dollars
- 5. 250 dollars
- 6. 380 dollars
- 7. 650 dollars
- 8. 370 dollars
- 9. 280 dollars
- 10. 640 dollars
- 11. 260 dollars
- 12. 440 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets