πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Leo's gross income (before taxes) is $420 this week. $120 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
2Rosa's gross income (before taxes) is $340 this week. $120 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
3Nora's gross income (before taxes) is $540 this week. $50 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
4Theo's gross income (before taxes) is $530 this week. $70 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
5Kai's gross income (before taxes) is $750 this week. $120 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
6Leo's gross income (before taxes) is $660 this week. $60 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
7Jamal's gross income (before taxes) is $770 this week. $70 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
8Lily's gross income (before taxes) is $380 this week. $80 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
9Nora's gross income (before taxes) is $710 this week. $120 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
10Ana's gross income (before taxes) is $720 this week. $60 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
11Kai's gross income (before taxes) is $700 this week. $80 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
12Maya's gross income (before taxes) is $580 this week. $70 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 300 dollars
- 2. 220 dollars
- 3. 490 dollars
- 4. 460 dollars
- 5. 630 dollars
- 6. 600 dollars
- 7. 700 dollars
- 8. 300 dollars
- 9. 590 dollars
- 10. 660 dollars
- 11. 620 dollars
- 12. 510 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets