Gross and Net Income

A deduction is

• gross income

• money added to your income

• net income

• money taken out of your income

Gross income is:

• the total amount of money you earn

• the amount of money you receive after decuctions are subtracted

• the total amount of money you spend

• sales taxes on items you buy

Tags

CCSS.7.RP.A.3

Alexis worked 24 hours last week. At a rate of $12 per hour, what was Alexis' gross pay?

• $36

• $144

• $288

• $312

Tags

CCSS.7.EE.B.3

Net income is:

• the total amount of money you earn

• the amount of money you receive after deductions are subtracted from your gross income

• the amount of money that is taken away in the form of taxes

• the hourly rate of pay

Tags

CCSS.7.RP.A.3

Gross income minus deductions equals your net income.

If Amorelle made $384 in gross income and her deductions are $122, what is her net income?

• $506

• $406

• $262

• $266

Tags

CCSS.3.OA.D.8

Chase had his first job at a grocery store. He was able to work for 10 hours at a rate of $10 per hour and make $100 for the week. His paycheck was for the amount of $85. Which of the following describes this amount ($85)?

• $85 is his gross income

• $85 is his deductions

• $85 is his net income

• None of the above

Tags

CCSS.6.RP.A.3B

Yvonne's gross income:  $703
Yvonne's deductions:  $251.18
Yvonne's net income:  ?

• $451.82
• $551.82
• $954.18
• $25,812.00

Tags

CCSS.6.NS.B.3