Free Printable WorksheetMathGrade 5Math Curriculum5.176

5.176 Create and Use a Simple Budget Worksheet

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Worksheet Overview & Skills Covered

Core academic competencies and curriculum alignment

This Grade 5 Math worksheet provides structured practice on 5.176 Create and Use a Simple Budget. Students are guided through targeted exercises that build foundational understanding, computational accuracy, and critical thinking skills.

Skill description: Select the correct answer for given income and expenses, identify the correct budget outcome (surplus or deficit) and the correct remaining amount. Select the calculation that correctly compares costs or savings and supports the best choice. Corresponding standards: Not listed in source.

Whether you are an educator preparing classroom handouts, a tutor reinforcing weekly topics, or a parent supporting homeschool learning, this printable resource gives students the deliberate practice required to achieve subject fluency and master state standards.

Grade

Grade 5

Subject

Math

Domain

Math Curriculum

Formats

PDF & DOCX

Sample Practice Problems

Preview the types of problems and questions covered in this worksheet

Below are sample questions representative of the exercises included on this worksheet and related 5.176 Create and Use a Simple Budget skill assessments:

Problem 1Difficulty: Mastery

Logan has $520. Fixed costs are $340 and Logan will save $60, leaving $120 for a want. Option 1: $75 plus shipping $5. Option 2: $60 with 20% off, plus shipping $9.

Which option is the better choice based on the budget, and which comparison is correct?

AChoose Option 1. Compare by adding item prices: 75+60.

BChoose Option 2 because it has a 20% discount.

CChoose Option 1. Compare only the shipping costs.

DChoose Option 2. Compare remaining: 120-80 vs 120-57.

Solution & Explanation:Available 120. Option 1 total 80 leaves 40. Option 2 total 57 leaves 63. Higher remaining is better, so Option 2.

Problem 2Difficulty: Mastery

Valerie has $500. Fixed costs are $320 and Valerie will save $80, leaving $100 for a want. Option 1: $80 plus shipping $5. Option 2: $92 with 10% off, plus shipping $7.

Which option is the better choice based on the budget, and which comparison is correct?

AChoose Option 2 because it has a 10% discount.

BChoose Option 1 because 80 is less than 92.

CChoose Option 1. Compare remaining: 100-85 vs 100-90.

DChoose Option 2. Compare only the shipping costs.

Solution & Explanation:Available 100. Option 1 total 85 leaves 15. Option 2 total 90 leaves 10. Higher remaining is better, so Option 1.

Problem 3Difficulty: Mastery

Diego has $520. Fixed costs are $320 and Diego will save $80, leaving $120 for a want. Option 1: $80 plus shipping $0. Option 2: $88 with 20% off, plus shipping $7.

Which option is the better choice based on the budget, and which comparison is correct?

AChoose Option 1. Compare only the shipping costs.

BChoose Option 2. Compare remaining: 120-80 vs 120-77.

CChoose Option 1. Compare by adding item prices: 80+88.

DChoose Option 2 because it has a 20% discount.

Solution & Explanation:Available 120. Option 1 total 80 leaves 40. Option 2 total 77 leaves 43. Higher remaining is better, so Option 2.

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Frequently Asked Questions

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QHow do I download and print this 5.176 Create and Use a Simple Budget worksheet?

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QIs this 5.176 Create and Use a Simple Budget worksheet free for teachers and homeschoolers?

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QCan students practice 5.176 Create and Use a Simple Budget online with instant feedback?

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