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 $540 this week. $80 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Sam's gross income (before taxes) is $790 this week. $70 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
3Rosa's gross income (before taxes) is $460 this week. $120 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
4Rosa's gross income (before taxes) is $400 this week. $60 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
5Mei's gross income (before taxes) is $420 this week. $40 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
6Mei's gross income (before taxes) is $770 this week. $50 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
7Rosa's gross income (before taxes) is $730 this week. $70 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
8Lily's gross income (before taxes) is $740 this week. $100 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
9Zoe's gross income (before taxes) is $680 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
10Zoe's gross income (before taxes) is $430 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
11Kai's gross income (before taxes) is $570 this week. $110 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
12Priya's gross income (before taxes) is $510 this week. $100 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 460 dollars
- 2. 720 dollars
- 3. 340 dollars
- 4. 340 dollars
- 5. 380 dollars
- 6. 720 dollars
- 7. 660 dollars
- 8. 640 dollars
- 9. 620 dollars
- 10. 370 dollars
- 11. 460 dollars
- 12. 410 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets