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 $680 this week. $110 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Maya's gross income (before taxes) is $320 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
3Sam's gross income (before taxes) is $770 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
4Leo's gross income (before taxes) is $560 this week. $70 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
5Leo's gross income (before taxes) is $640 this week. $80 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
6Leo's gross income (before taxes) is $370 this week. $110 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
7Lily's gross income (before taxes) is $710 this week. $80 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
8Aiden's gross income (before taxes) is $550 this week. $100 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
9Nora's gross income (before taxes) is $480 this week. $80 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
10Omar's gross income (before taxes) is $730 this week. $50 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
11Maya's gross income (before taxes) is $440 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
12Rosa's gross income (before taxes) is $680 this week. $100 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 570 dollars
- 2. 260 dollars
- 3. 700 dollars
- 4. 490 dollars
- 5. 560 dollars
- 6. 260 dollars
- 7. 630 dollars
- 8. 450 dollars
- 9. 400 dollars
- 10. 680 dollars
- 11. 390 dollars
- 12. 580 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets