πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Mei's gross income (before taxes) is $530 this week. $120 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
2Zoe's gross income (before taxes) is $650 this week. $120 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
3Zoe's gross income (before taxes) is $740 this week. $50 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
4Maya's gross income (before taxes) is $790 this week. $50 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
5Theo's gross income (before taxes) is $450 this week. $70 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
6Kai's gross income (before taxes) is $610 this week. $80 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
7Aiden's gross income (before taxes) is $750 this week. $60 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
8Ben's gross income (before taxes) is $300 this week. $120 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
9Leo's gross income (before taxes) is $320 this week. $90 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
10Leo's gross income (before taxes) is $330 this week. $90 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
11Aiden's gross income (before taxes) is $670 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
12Priya's gross income (before taxes) is $350 this week. $60 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 410 dollars
- 2. 530 dollars
- 3. 690 dollars
- 4. 740 dollars
- 5. 380 dollars
- 6. 530 dollars
- 7. 690 dollars
- 8. 180 dollars
- 9. 230 dollars
- 10. 240 dollars
- 11. 550 dollars
- 12. 290 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets