Skip to content
LessonPrint

How Much Interest Will It Earn? is a free printable Grade 3 to Grade 5 social studies worksheet on figuring out simple interest on savings, 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 24 of 25 · the same problems every time you open this link.

Next set

One paper per student

12345678910111213141516171819202122232425

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

How Much Interest Will It Earn?

D2.Eco.10.3-5

NameDate

Choose the best answer. For math problems, choose the work that gives the right answer.

1.A savings account pays $2 a year for every $100 saved. How much interest does $300 earn in one year?
  • A.$2 × 100 = $200
  • B.$300 + $2 = $302
  • C.$300 ÷ $100 = 3; 3 × $2 = $6
2.Why does money left in a savings account longer earn more interest?
  • A.Interest is paid for each year the money stays
  • B.Old money is worth less
  • C.Banks forget to charge fees
3.Why does a bank pay interest on savings?
  • A.The law says banks must give money away
  • B.It lends the money to borrowers and charges them interest
  • C.Interest is a prize for walking in
4.An account pays $1 a year for every $20 saved. How much interest does $80 earn in a year?
  • A.$80 − $20 = $60
  • B.$80 ÷ $20 = 4; 4 × $1 = $4
  • C.$80 + $1 = $81
5.What is an interest rate?
  • A.The cost of a piggy bank
  • B.The number of banks in a town
  • C.The share of the money paid as interest each year
6.When you borrow money, who pays the interest?
  • A.The lender pays it to the borrower
  • B.The borrower pays it to the lender
  • C.Nobody pays interest on loans
7.A CD pays $4 a year for every $100. A savings account pays $1 for every $100. How much more does $100 earn in the CD in one year?
  • A.$100 + $4 = $104
  • B.$4 + $1 = $5
  • C.$4 − $1 = $3 more
8.A bank pays 5% interest a year, which is $5 for every $100. How much interest does $100 earn in a year?
  • A.$100 + $5 = $105
  • B.$100 ÷ 5 = $20
  • C.$100 ÷ $100 = 1; 1 × $5 = $5

LessonPrint · D2.Eco.10.3-5 · Set 24 · free to copy for classroom use

Answer key — How Much Interest Will It Earn?

Set 24. Prints on its own sheet.

  1. 1.$300 ÷ $100 = 3; 3 × $2 = $6
  2. 2.Interest is paid for each year the money stays
  3. 3.It lends the money to borrowers and charges them interest
  4. 4.$80 ÷ $20 = 4; 4 × $1 = $4
  5. 5.The share of the money paid as interest each year
  6. 6.The borrower pays it to the lender
  7. 7.$4 − $1 = $3 more
  8. 8.$100 ÷ $100 = 1; 1 × $5 = $5

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