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 $310 this week. $100 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $660 this week. $40 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $430 this week. $60 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Theo's gross income (before taxes) is $510 this week. $40 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
5Nora's gross income (before taxes) is $460 this week. $110 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
6Theo's gross income (before taxes) is $650 this week. $120 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
7Mei's gross income (before taxes) is $620 this week. $70 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
8Leo's gross income (before taxes) is $540 this week. $70 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
9Kai's gross income (before taxes) is $360 this week. $120 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
10Ben's gross income (before taxes) is $530 this week. $80 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
11Aiden's gross income (before taxes) is $300 this week. $110 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
12Jamal's gross income (before taxes) is $300 this week. $70 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 210 dollars
- 2. 620 dollars
- 3. 370 dollars
- 4. 470 dollars
- 5. 350 dollars
- 6. 530 dollars
- 7. 550 dollars
- 8. 470 dollars
- 9. 240 dollars
- 10. 450 dollars
- 11. 190 dollars
- 12. 230 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets