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

Marco has the following deductions listed.

Federal Income tax: $44

Social Security tax: $23

Medicare tax: $5

Health Insurance: $24

What is the total amount of his deductions?

• $39

• $67

• $91

• $96

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

David's gross income: $127.25

David's deductions: $25.20

David's net pay: ?

• $102.05

• $102.45

• $112.05

• $152.45

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Dayanara's gross income was $550. What was her net income if her deductions were $110 for payroll taxes and $22.50 for health insurance?

• $132.50

• $417.50

• $440.00

• $638.50

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Angel wants to buy a football jersey that cost $84.

He gets a job that pays him $15 an hour. He worked seven hours and was paid. After calculating his gross pay, does Angel have enough money to pay for the jersey if his total deductions was $12?

• Yes

• No

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Yvonne's gross income: ?

Yvonne's deductions: $251.18

Yvonne's net income:$451.82

• $703

• $200.64

• $954.18

• $25,812.00

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.3