πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Rosa's gross income (before taxes) is $360 this week. $90 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
2Kai's gross income (before taxes) is $700 this week. $40 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
3Nora's gross income (before taxes) is $390 this week. $40 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $570 this week. $90 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Aiden's gross income (before taxes) is $620 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
6Mei's gross income (before taxes) is $480 this week. $100 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
7Omar's gross income (before taxes) is $500 this week. $90 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
8Jamal's gross income (before taxes) is $720 this week. $50 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
9Maya's gross income (before taxes) is $420 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
10Ana's gross income (before taxes) is $560 this week. $70 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
11Nora's gross income (before taxes) is $640 this week. $100 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
12Mei's gross income (before taxes) is $340 this week. $60 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 270 dollars
- 2. 660 dollars
- 3. 350 dollars
- 4. 480 dollars
- 5. 500 dollars
- 6. 380 dollars
- 7. 410 dollars
- 8. 670 dollars
- 9. 360 dollars
- 10. 490 dollars
- 11. 540 dollars
- 12. 280 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets