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 $800 this week. $110 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Theo's gross income (before taxes) is $330 this week. $60 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
3Lily's gross income (before taxes) is $740 this week. $70 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
4Kai's gross income (before taxes) is $420 this week. $90 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
5Kai's gross income (before taxes) is $300 this week. $70 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
6Priya's gross income (before taxes) is $420 this week. $80 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
7Ana's gross income (before taxes) is $630 this week. $70 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
8Ana's gross income (before taxes) is $580 this week. $120 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
9Rosa's gross income (before taxes) is $530 this week. $110 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
10Rosa's gross income (before taxes) is $630 this week. $120 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
11Kai's gross income (before taxes) is $300 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
12Ana's gross income (before taxes) is $410 this week. $40 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 690 dollars
- 2. 270 dollars
- 3. 670 dollars
- 4. 330 dollars
- 5. 230 dollars
- 6. 340 dollars
- 7. 560 dollars
- 8. 460 dollars
- 9. 420 dollars
- 10. 510 dollars
- 11. 250 dollars
- 12. 370 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets