πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Ben's gross income (before taxes) is $480 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Aiden's gross income (before taxes) is $400 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
3Omar's gross income (before taxes) is $660 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
4Theo's gross income (before taxes) is $500 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
5Zoe's gross income (before taxes) is $420 this week. $90 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
6Aiden's gross income (before taxes) is $370 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
7Aiden's gross income (before taxes) is $430 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
8Leo's gross income (before taxes) is $380 this week. $120 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
9Jamal's gross income (before taxes) is $320 this week. $80 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
10Ben's gross income (before taxes) is $790 this week. $120 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
11Ana's gross income (before taxes) is $610 this week. $80 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
12Theo's gross income (before taxes) is $780 this week. $90 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 380 dollars
- 2. 280 dollars
- 3. 580 dollars
- 4. 390 dollars
- 5. 330 dollars
- 6. 280 dollars
- 7. 340 dollars
- 8. 260 dollars
- 9. 240 dollars
- 10. 670 dollars
- 11. 530 dollars
- 12. 690 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets