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 $560 this week. $120 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Zoe's gross income (before taxes) is $580 this week. $100 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
3Maya's gross income (before taxes) is $610 this week. $100 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
4Nora's gross income (before taxes) is $690 this week. $120 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
5Jamal's gross income (before taxes) is $600 this week. $110 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
6Ana's gross income (before taxes) is $690 this week. $120 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
7Mei's gross income (before taxes) is $380 this week. $70 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
8Sam's gross income (before taxes) is $480 this week. $60 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
9Leo's gross income (before taxes) is $340 this week. $60 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
10Ana's gross income (before taxes) is $610 this week. $40 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
11Kai's gross income (before taxes) is $790 this week. $60 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
12Mei's gross income (before taxes) is $580 this week. $100 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 440 dollars
- 2. 480 dollars
- 3. 510 dollars
- 4. 570 dollars
- 5. 490 dollars
- 6. 570 dollars
- 7. 310 dollars
- 8. 420 dollars
- 9. 280 dollars
- 10. 570 dollars
- 11. 730 dollars
- 12. 480 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets