πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Aiden's gross income (before taxes) is $440 this week. $120 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
2Priya's gross income (before taxes) is $700 this week. $50 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
3Theo's gross income (before taxes) is $580 this week. $80 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
4Kai's gross income (before taxes) is $340 this week. $90 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
5Omar's gross income (before taxes) is $700 this week. $90 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
6Nora's gross income (before taxes) is $730 this week. $50 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
7Kai's gross income (before taxes) is $700 this week. $50 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
8Aiden's gross income (before taxes) is $650 this week. $80 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
9Maya's gross income (before taxes) is $700 this week. $90 is taken out for taxes. What is Maya's net income?
Answer: ______________ dollars
10Lily's gross income (before taxes) is $720 this week. $50 is taken out for taxes. What is Lily's net income?
Answer: ______________ dollars
11Mei's gross income (before taxes) is $640 this week. $60 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
12Sam's gross income (before taxes) is $680 this week. $80 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 320 dollars
- 2. 650 dollars
- 3. 500 dollars
- 4. 250 dollars
- 5. 610 dollars
- 6. 680 dollars
- 7. 650 dollars
- 8. 570 dollars
- 9. 610 dollars
- 10. 670 dollars
- 11. 580 dollars
- 12. 600 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets