πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Lily's gross income (before taxes) is $420 this week. $40 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
2Aiden's gross income (before taxes) is $300 this week. $50 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
3Priya's gross income (before taxes) is $470 this week. $120 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
4Zoe's gross income (before taxes) is $610 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
5Lily's gross income (before taxes) is $310 this week. $80 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
6Ben's gross income (before taxes) is $550 this week. $70 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
7Leo's gross income (before taxes) is $430 this week. $100 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
8Maya's gross income (before taxes) is $690 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
9Leo's gross income (before taxes) is $690 this week. $40 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
10Omar's gross income (before taxes) is $800 this week. $110 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
11Lily's gross income (before taxes) is $390 this week. $50 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
12Ana's gross income (before taxes) is $560 this week. $50 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 380 dollars
- 2. 250 dollars
- 3. 350 dollars
- 4. 550 dollars
- 5. 230 dollars
- 6. 480 dollars
- 7. 330 dollars
- 8. 630 dollars
- 9. 650 dollars
- 10. 690 dollars
- 11. 340 dollars
- 12. 510 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets