What you own, what you owe, and net worth
Grade 7 Math Worksheet - Challenge Me
Circle the best answer, or write your answer on the line.
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Net worth record. Owns (assets): savings | $650; bike | $140; car | ?. Owes (liabilities): dentist | $90; phone | $130. Net worth | $4,370.
Pia reads Ms. Hale's pretend net worth record. The net worth is $4,370. What is the value of the missing car?
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Net worth record. Owns (assets): savings | $820; laptop | $480; car | ?. Owes (liabilities): laptop | $150; dentist | $60. Net worth | $6,190.
Tala reads Ms. Frost's pretend net worth record. The net worth is $6,190. What is the value of the missing car?
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Net worth record. Owns (assets): savings | $1,300; furniture | $640; car | $3,800. Owes (liabilities): car | $2,100; electric bill | $140.
Kira reads Ms. Wells's pretend net worth record. Then the car, worth $3,800, loses 10% of its value. What is the net worth now?
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Net worth record. Owns (assets): savings | $2,300; furniture | $700; car | $4,800. Owes (liabilities): car | $2,600; phone | $85.
Milo reads Ms. Frost's pretend net worth record. Then the car, worth $4,800, loses 20% of its value. What is the net worth now?
Ms. Hale owns $4,500 and owes $1,200. Mr. Dunn owns $5,100 and owes $2,700. Noah compares the pretend records. How many more dollars is Ms. Hale's net worth?
Mr. Cole owns $3,800 and owes $900. Ms. Frost owns $4,200 and owes $1,800. Pia compares the pretend records. How many more dollars is Mr. Cole's net worth?
Ms. Shaw owns $7,200 and owes $2,400. Mr. Grove owns $6,100 and owes $900. Ari compares the pretend records. Who has the greater net worth?
- Ms. Shaw.
- Mr. Grove.
- They are the same.
Ms. Wells owns $4,800 and owes $1,500. Mr. Vance owns $4,100 and owes $1,800. Bo compares the pretend records. Who has the greater net worth?
- They are the same.
- Ms. Wells.
- Mr. Vance.
Use this
Net worth record. Owns (assets): savings | $350; a car | $3,200; furniture | $400. Owes (liabilities): the car | $4,100; the dentist | $100.
Esme reads Mr. Cole's pretend net worth record. More is owed on the new car than it is worth. What is the net worth in dollars? Use a minus sign if it is below zero.
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Net worth record. Owns (assets): savings | $800; a car | $4,600; a guitar | $300. Owes (liabilities): the car | $5,500; furniture | $900.
Jun reads Mr. Dunn's pretend net worth record. More is owed on the new car than it is worth. What is the net worth in dollars? Use a minus sign if it is below zero.