Skip to content
LessonPrint

The Price of Borrowing is a free printable Grade 3 to Grade 5 social studies worksheet on what an interest rate is, aligned to Common Core standard 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 pupils in the class work from the same page. Print it from the browser or download it as a PDF — no account, no email.

Set 13 of 25 · the same problems every time you open this link.

Next setLesson plan

One paper per pupil

12345678910111213141516171819202122232425

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

The Price of Borrowing

D2.Eco.10.3-5

NameDate

Circle the best answer.

1.The railway company borrows to lay track. What must it plan for?
  • A.Never repaying
  • B.Earning enough from fares to repay the loan and its interest
  • C.Charging no fares
2.Why does a lender charge interest at all?
  • A.Because coins wear out
  • B.Because the money could have been used elsewhere while it was lent
  • C.To be unkind
3.Why might a lender charge one borrower more than another?
  • A.Because one is less likely to repay
  • B.Because one is taller
  • C.Because one lives nearer
4.A rate rises from 3 to 8 in a hundred. What happens to borrowing?
  • A.Nothing changes
  • B.Borrowing gets cheaper
  • C.Borrowing costs more, so fewer people borrow
5.What does an interest rate measure?
  • A.How long you take to repay
  • B.How much you earn
  • C.How much it costs to borrow, as a share of what you borrowed
6.A boatman borrows to buy a barge in 1845. Why was that a risk?
  • A.Barges float
  • B.Interest cannot be charged
  • C.If his trade fell he would still owe the money and its interest
7.You save 100 pounds and are paid 3 pounds a year. What is that?
  • A.A wage
  • B.A gift
  • C.Interest paid to you for lending your money to the bank
8.You borrow 100 pounds and repay 105. What is the 5 pounds?
  • A.A fine
  • B.A tax
  • C.Interest: the price of borrowing the money

LessonPrint · D2.Eco.10.3-5 · Set 13 · free to copy for classroom use

Answer key — The Price of Borrowing

Set 13. Prints on its own sheet.

  1. 1.Earning enough from fares to repay the loan and its interest
  2. 2.Because the money could have been used elsewhere while it was lent
  3. 3.Because one is less likely to repay
  4. 4.Borrowing costs more, so fewer people borrow
  5. 5.How much it costs to borrow, as a share of what you borrowed
  6. 6.If his trade fell he would still owe the money and its interest
  7. 7.Interest paid to you for lending your money to the bank
  8. 8.Interest: the price of borrowing the money

More practice for D2.Eco.10.3-5

Explain what an interest rate is.

Teaching this next? What Borrowing Costs is the 45-minute plan for it, with the misconceptions to expect.

All Grade 3 to Grade 5 worksheets

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