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 $730 this week. $90 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Lily's gross income (before taxes) is $540 this week. $60 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
3Jamal's gross income (before taxes) is $580 this week. $90 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
4Leo's gross income (before taxes) is $360 this week. $80 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
5Priya's gross income (before taxes) is $340 this week. $110 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
6Zoe's gross income (before taxes) is $690 this week. $50 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
7Aiden's gross income (before taxes) is $550 this week. $100 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
8Priya's gross income (before taxes) is $340 this week. $50 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
9Theo's gross income (before taxes) is $710 this week. $60 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
10Leo's gross income (before taxes) is $420 this week. $90 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
11Jamal's gross income (before taxes) is $590 this week. $120 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
12Ana's gross income (before taxes) is $660 this week. $90 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 640 dollars
- 2. 480 dollars
- 3. 490 dollars
- 4. 280 dollars
- 5. 230 dollars
- 6. 640 dollars
- 7. 450 dollars
- 8. 290 dollars
- 9. 650 dollars
- 10. 330 dollars
- 11. 470 dollars
- 12. 570 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets