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 $610 this week. $90 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
2Kai's gross income (before taxes) is $630 this week. $40 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
3Omar's gross income (before taxes) is $560 this week. $120 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
4Omar's gross income (before taxes) is $350 this week. $120 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
5Jamal's gross income (before taxes) is $450 this week. $100 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
6Theo's gross income (before taxes) is $540 this week. $70 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
7Omar's gross income (before taxes) is $370 this week. $120 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
8Maya's gross income (before taxes) is $300 this week. $110 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
9Ana's gross income (before taxes) is $740 this week. $70 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
10Mei's gross income (before taxes) is $730 this week. $90 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
11Nora's gross income (before taxes) is $670 this week. $70 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
12Maya's gross income (before taxes) is $610 this week. $80 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 520 dollars
- 2. 590 dollars
- 3. 440 dollars
- 4. 230 dollars
- 5. 350 dollars
- 6. 470 dollars
- 7. 250 dollars
- 8. 190 dollars
- 9. 670 dollars
- 10. 640 dollars
- 11. 600 dollars
- 12. 530 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets