πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Priya's gross income (before taxes) is $580 this week. $120 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
2Ben's gross income (before taxes) is $620 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
3Zoe's gross income (before taxes) is $480 this week. $120 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
4Ben's gross income (before taxes) is $680 this week. $110 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
5Rosa's gross income (before taxes) is $610 this week. $110 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
6Nora's gross income (before taxes) is $780 this week. $90 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
7Priya's gross income (before taxes) is $380 this week. $60 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
8Sam's gross income (before taxes) is $400 this week. $40 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
9Jamal's gross income (before taxes) is $630 this week. $80 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
10Kai's gross income (before taxes) is $630 this week. $120 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
11Sam's gross income (before taxes) is $560 this week. $80 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
12Rosa's gross income (before taxes) is $670 this week. $70 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 460 dollars
- 2. 580 dollars
- 3. 360 dollars
- 4. 570 dollars
- 5. 500 dollars
- 6. 690 dollars
- 7. 320 dollars
- 8. 360 dollars
- 9. 550 dollars
- 10. 510 dollars
- 11. 480 dollars
- 12. 600 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets