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Saving Up and Paying Back is a free printable Grade 3 to Grade 5 social studies worksheet on figuring out savings plans and the cost of credit, aligned to C3 Framework indicator D2.Eco.10.3-5. It prints 8 questions with an answer key on its own sheet of paper, in 25 versions that each ask different questions, so no two students in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 10 of 25 · the same problems every time you open this link.

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Set 1 has all 25 in a single PDF. All 25 sets ask different questions.

Saving Up and Paying Back

D2.Eco.10.3-5

NameDate

Circle the answer that shows the work.

1.Dev buys a $50 bike on credit and pays $5 interest. How much does the bike really cost him?
  • A.$50
  • B.$50 + $5 = $55
  • C.$45
2.Kim needs $24 for a trip. She saves $4 a week. How many weeks will it take?
  • A.28 weeks
  • B.$24 ÷ $4 = 6 weeks
  • C.20 weeks
3.What is interest on a loan?
  • A.Money the lender gives away
  • B.Extra money the borrower pays the lender for using the money
  • C.A discount on the price
4.What can happen if a borrower does not pay back a loan?
  • A.The loan turns into a gift
  • B.The lender may charge more and not lend to them again
  • C.The borrower earns interest
5.What is credit?
  • A.Money you earn by working
  • B.Money you are given as a gift
  • C.Borrowing money now and paying it back later
6.A bank pays $1 interest a year for every $10 saved. Zoe has $30 saved. How much interest will she earn this year?
  • A.$31
  • B.$10
  • C.$30 ÷ $10 = 3; 3 × $1 = $3
7.Why does saving up first often cost less than buying on credit?
  • A.Saving adds a tax
  • B.Stores charge savers more
  • C.When you save first, you pay no interest
8.Who must pay back money borrowed on credit?
  • A.The borrower
  • B.The store clerk
  • C.The lender

LessonPrint · D2.Eco.10.3-5 · Set 10 · free to copy for classroom use

Answer key — Saving Up and Paying Back

Set 10. Prints on its own sheet.

  1. 1.$50 + $5 = $55
  2. 2.$24 ÷ $4 = 6 weeks
  3. 3.Extra money the borrower pays the lender for using the money
  4. 4.The lender may charge more and not lend to them again
  5. 5.Borrowing money now and paying it back later
  6. 6.$30 ÷ $10 = 3; 3 × $1 = $3
  7. 7.When you save first, you pay no interest
  8. 8.The borrower

Last reviewed 2026-09-05. Aligned to D2.Eco.10.3-5 of the C3 Framework for Social Studies State Standards.