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 $520 this week. $110 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
2Nora's gross income (before taxes) is $620 this week. $60 is taken out for taxes. What is Nora's net income?
Answer: ______________ dollars
3Aiden's gross income (before taxes) is $800 this week. $70 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
4Theo's gross income (before taxes) is $470 this week. $40 is taken out for taxes. What is Theo's net income?
Answer: ______________ dollars
5Rosa's gross income (before taxes) is $460 this week. $70 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
6Sam's gross income (before taxes) is $360 this week. $60 is taken out for taxes. What is Sam's net income?
Answer: ______________ dollars
7Zoe's gross income (before taxes) is $320 this week. $60 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
8Priya's gross income (before taxes) is $750 this week. $100 is taken out for taxes. What is Priya's net income?
Answer: ______________ dollars
9Aiden's gross income (before taxes) is $350 this week. $50 is taken out for taxes. What is Aiden's net income?
Answer: ______________ dollars
10Rosa's gross income (before taxes) is $510 this week. $120 is taken out for taxes. What is Rosa's net income?
Answer: ______________ dollars
11Mei's gross income (before taxes) is $510 this week. $70 is taken out for taxes. What is Mei's net income?
Answer: ______________ dollars
12Ben's gross income (before taxes) is $800 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 410 dollars
- 2. 560 dollars
- 3. 730 dollars
- 4. 430 dollars
- 5. 390 dollars
- 6. 300 dollars
- 7. 260 dollars
- 8. 650 dollars
- 9. 300 dollars
- 10. 390 dollars
- 11. 440 dollars
- 12. 760 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets