πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Zoe's gross income (before taxes) is $340 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
2Theo's gross income (before taxes) is $630 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $540 this week. $80 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Mei's gross income (before taxes) is $440 this week. $40 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
5Aiden's gross income (before taxes) is $760 this week. $90 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
6Sam's gross income (before taxes) is $770 this week. $50 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
7Zoe's gross income (before taxes) is $550 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
8Nora's gross income (before taxes) is $760 this week. $120 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
9Sam's gross income (before taxes) is $410 this week. $80 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
10Aiden's gross income (before taxes) is $300 this week. $60 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
11Lily's gross income (before taxes) is $300 this week. $90 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
12Ben's gross income (before taxes) is $650 this week. $100 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 280 dollars
- 2. 550 dollars
- 3. 460 dollars
- 4. 400 dollars
- 5. 670 dollars
- 6. 720 dollars
- 7. 490 dollars
- 8. 640 dollars
- 9. 330 dollars
- 10. 240 dollars
- 11. 210 dollars
- 12. 550 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets