πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Leo's gross income (before taxes) is $430 this week. $90 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
2Maya's gross income (before taxes) is $320 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
3Kai's gross income (before taxes) is $720 this week. $120 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
4Ben's gross income (before taxes) is $650 this week. $50 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
5Ben's gross income (before taxes) is $710 this week. $90 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
6Maya's gross income (before taxes) is $540 this week. $60 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
7Aiden's gross income (before taxes) is $330 this week. $110 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
8Aiden's gross income (before taxes) is $410 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
9Kai's gross income (before taxes) is $660 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
10Aiden's gross income (before taxes) is $690 this week. $110 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
11Sam's gross income (before taxes) is $580 this week. $40 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
12Zoe's gross income (before taxes) is $670 this week. $70 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 340 dollars
- 2. 260 dollars
- 3. 600 dollars
- 4. 600 dollars
- 5. 620 dollars
- 6. 480 dollars
- 7. 220 dollars
- 8. 320 dollars
- 9. 610 dollars
- 10. 580 dollars
- 11. 540 dollars
- 12. 600 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets