πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Theo's gross income (before taxes) is $400 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
2Ben's gross income (before taxes) is $620 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
3Jamal's gross income (before taxes) is $370 this week. $120 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
4Mei's gross income (before taxes) is $330 this week. $50 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
5Aiden's gross income (before taxes) is $680 this week. $110 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
6Rosa's gross income (before taxes) is $340 this week. $110 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
7Theo's gross income (before taxes) is $330 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
8Ana's gross income (before taxes) is $410 this week. $40 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
9Zoe's gross income (before taxes) is $320 this week. $80 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
10Rosa's gross income (before taxes) is $410 this week. $60 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
11Jamal's gross income (before taxes) is $490 this week. $60 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
12Theo's gross income (before taxes) is $350 this week. $110 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 320 dollars
- 2. 520 dollars
- 3. 250 dollars
- 4. 280 dollars
- 5. 570 dollars
- 6. 230 dollars
- 7. 250 dollars
- 8. 370 dollars
- 9. 240 dollars
- 10. 350 dollars
- 11. 430 dollars
- 12. 240 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets