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 $800 this week. $100 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
2Maya's gross income (before taxes) is $350 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
3Kai's gross income (before taxes) is $510 this week. $60 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
4Lily's gross income (before taxes) is $740 this week. $110 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
5Jamal's gross income (before taxes) is $350 this week. $100 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
6Lily's gross income (before taxes) is $630 this week. $40 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
7Ben's gross income (before taxes) is $380 this week. $80 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
8Lily's gross income (before taxes) is $390 this week. $120 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
9Aiden's gross income (before taxes) is $440 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
10Ben's gross income (before taxes) is $370 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
11Omar's gross income (before taxes) is $390 this week. $80 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
12Zoe's gross income (before taxes) is $480 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 700 dollars
- 2. 300 dollars
- 3. 450 dollars
- 4. 630 dollars
- 5. 250 dollars
- 6. 590 dollars
- 7. 300 dollars
- 8. 270 dollars
- 9. 350 dollars
- 10. 330 dollars
- 11. 310 dollars
- 12. 420 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets