Tax Word Problems

Tax Word Problems

7th Grade

10 Qs

quiz-placeholder

Similar activities

Unit 7 L1-L3 - Taxes

Unit 7 L1-L3 - Taxes

9th - 12th Grade

10 Qs

Income, payroll, sales and property tax

Income, payroll, sales and property tax

6th - 8th Grade

10 Qs

Net Pay

Net Pay

9th - 12th Grade

10 Qs

Mid Module 4 Review

Mid Module 4 Review

7th Grade

11 Qs

5.5 Reducing Your Form 1040 Tax Liability

5.5 Reducing Your Form 1040 Tax Liability

12th Grade

10 Qs

Sales Tax Practice

Sales Tax Practice

8th Grade

15 Qs

Consumer Math Math Lib

Consumer Math Math Lib

6th - 8th Grade

11 Qs

2.6 Gross Income

2.6 Gross Income

10th Grade

9 Qs

Tax Word Problems

Tax Word Problems

Assessment

Quiz

Mathematics

7th Grade

Hard

CCSS
6.RP.A.3C, 7.RP.A.3

Standards-aligned

Created by

Anthony Clark

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Anika earns $100,000 annually from her software development job and pays a total of 35% in federal and state taxes combined. What is her net annual income after taxes?

$65,000

$70,000

$75,000

$60,000

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Arjun's family has a gross income of $85,000 and they pay 25% in taxes, how much do they spend on taxes annually?

$21,250

$20,000

$22,500

$18,750

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

James, a freelance graphic designer, earns $1,800 from a logo design project. If a 12% tax is deducted from his earnings, how much does he receive after tax?

$1,584

$1,680

$1,596

$1,500

Tags

CCSS.6.RP.A.3C

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

James earns $92,000 annually from his bakery business. If he is taxed at a rate of 24%, how much tax does he pay each year?

$22,080

$20,880

$21,760

$19,680

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Grace's cafe generates $250,000 in revenue. After paying a 28% tax, how much revenue remains?

$180,000

$190,000

$200,000

$170,000

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mia has been working as a software developer for a tech company with a gross annual salary of $48,000. After paying 18% in federal taxes and 4% in state taxes, what is Mia's net annual salary?

$37,440

$39,360

$36,000

$40,320

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

John wants to buy a video game that costs $59.99. If the sales tax rate is 7%, how much will John pay in total for the video game?

$64.19

$63.59

$64.79

$65.99

Tags

CCSS.7.RP.A.3

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?