πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Theo's gross income (before taxes) is $470 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
2Ben's gross income (before taxes) is $380 this week. $60 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
3Sam's gross income (before taxes) is $340 this week. $100 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
4Mei's gross income (before taxes) is $460 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
5Ana's gross income (before taxes) is $500 this week. $70 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
6Kai's gross income (before taxes) is $710 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
7Sam's gross income (before taxes) is $680 this week. $50 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
8Kai's gross income (before taxes) is $420 this week. $80 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
9Priya's gross income (before taxes) is $630 this week. $60 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
10Aiden's gross income (before taxes) is $720 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
11Zoe's gross income (before taxes) is $370 this week. $120 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
12Sam's gross income (before taxes) is $790 this week. $120 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 360 dollars
- 2. 320 dollars
- 3. 240 dollars
- 4. 340 dollars
- 5. 430 dollars
- 6. 660 dollars
- 7. 630 dollars
- 8. 340 dollars
- 9. 570 dollars
- 10. 600 dollars
- 11. 250 dollars
- 12. 670 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets