πagarwalmath · 5th grade · Texas TEKS 5.10
💼 Profit and budgets
Money sense: profit, expenses, budgets, income, and taxes
Name: ______________________Date: ____________
1Jamal's gross income (before taxes) is $680 this week. $80 is taken out for taxes. What is Jamal's net income?
Answer: ______________ dollars
2Zoe's gross income (before taxes) is $540 this week. $100 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
3Ben's gross income (before taxes) is $650 this week. $110 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
4Kai's gross income (before taxes) is $350 this week. $70 is taken out for taxes. What is Kai's net income?
Answer: ______________ dollars
5Zoe's gross income (before taxes) is $400 this week. $40 is taken out for taxes. What is Zoe's net income?
Answer: ______________ dollars
6Ben's gross income (before taxes) is $590 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
7Leo's gross income (before taxes) is $390 this week. $50 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
8Ben's gross income (before taxes) is $470 this week. $90 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
9Ben's gross income (before taxes) is $640 this week. $40 is taken out for taxes. What is Ben's net income?
Answer: ______________ dollars
10Leo's gross income (before taxes) is $730 this week. $80 is taken out for taxes. What is Leo's net income?
Answer: ______________ dollars
11Ana's gross income (before taxes) is $740 this week. $80 is taken out for taxes. What is Ana's net income?
Answer: ______________ dollars
12Omar's gross income (before taxes) is $710 this week. $90 is taken out for taxes. What is Omar's net income?
Answer: ______________ dollars
Answer key: Profit and budgets
- 1. 600 dollars
- 2. 440 dollars
- 3. 540 dollars
- 4. 280 dollars
- 5. 360 dollars
- 6. 550 dollars
- 7. 340 dollars
- 8. 380 dollars
- 9. 600 dollars
- 10. 650 dollars
- 11. 660 dollars
- 12. 620 dollars
Practice this lesson online with games that adjust to your child: agarwalmath.com/math/5th-grade/money-budgets