Net Income vs. Gross income

Net Income vs. Gross income

5th Grade

5 Qs

quiz-placeholder

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Net Income vs. Gross income

Net Income vs. Gross income

Assessment

Quiz

Mathematics

5th Grade

Medium

Created by

JACY MCWHIRTER

Used 3+ times

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hank has an hourly rate of $11. He works 26 hours. His deductions are $74. What is his gross income?

$286


$300


$275


$212


2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hank has an hourly rate of $13. He works 22 hours. His deductions are $85. What is his net income?

$286


$212


$371


201

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tyrone works 20 hours a week at Sonic. He earns $9 an hour. Which statement is true?

His net income is more than $180.


His net income is less than $180.


His gross income is less than $180.


His gross income is more than $180.


4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Complete this sentence: Gross income is...

that amount an employee is paid after deductions and taxes.


the total amount an employee earns before deductions are applied.


a tax paid by an employer based on a worker's wages.


a tax on all income that a worker earns.


5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Complete this sentence: Net income is...

a tax on all income that a person earns.


a tax paid by an employer based on a worker's wages.


the amount an employee is paid after deductions and taxes.


the total amount an employee earns before deductions are applied.