Bank Loan

A Miser man decided to go on a vacation for a month. He goes to the bank and asks for a trip loan of $500. The bank officer asks the man that the loan can only be approved when he mortgage some valuable thing at the bank. Miser man mortgages his only car whose worth was a whopping $80000. The Bank officer laughed at him and approve the loan instantly. After vacation when the miser man returns, the bank officer asked him "Are you an idiot, why is your mortgage such an expensive car for such a short loan?".

Miser man replied with some reason and the bank officer agreed that the miser man is actually not an idiot.

What did miser man reply to the bank loan officer?.




Similar Riddles

A maths symbol is hidden in the below Bar Graph. Can you decipher it?

Maths Symbol Graph

Asked by Neha on 27 Mar 2021


What English word has three consecutive double letters?

Asked by Neha on 22 Jan 2023

Lady Gaga is pregnant and currently has 6 daughters

1. Dorry 2. Rebeka 3. Michael 4. Faniya 5. Sophia 6. Lavanya

What will she name her next child girl? (Think Logical)

A. Neema B. Tanya C. Tisha D. Jenniffer

Asked by Neha on 28 Aug 2024


Can you find out the total number of triangles in the given figure?

Triangle Angle

Asked by Neha on 12 Mar 2024

While handling a project, the landscaper is asked by the owner of the mansion that he wants four trees in front of his mansion that are exactly equidistant from each other.

How will he do it?

Asked by Neha on 20 Nov 2023

A pet show was happening in my locality. I went down along with my kids. In that show, I noticed that all except two of the entries were cats. All except two were dogs and all except two were Monkeys.

Can you find out how many of each animals were present in that pet show?

Asked by Neha on 04 Feb 2021


Rose, Lily and Jasmine decided to buy flowers for their moms on Mother's Day. One of them bought lilies, the other roses, and the third one jasmines.
'It's funny!' said the girl with roses, 'we bought roses, jasmines and lilies, but none of us bought the flowers matching her name'.
'You're right!', said Lily.
What kind of flowers did each of the girls buy?

Asked by Neha on 07 Apr 2025

On a beautiful Sunday morning, You ordered a hot tea to your hotel room and suddenly you remember an important thing that needed to be done right now will take around 3 minutes to complete.
Like most people you like your tea to be hot while drinking so, when should you pour cream in the tea?
1. straight away
2. Just people, you drink the team
3. Its does not matter

Asked by Neha on 24 Jun 2023

Complete the following series. It.s very logical:

1, 4, 5, 6, 7, 9, 11, __?

Asked by Neha on 02 May 2024


How old is your son? asked a man to his neighbour. My son is five times as old as my daughter and my wife is five times as old as my son. I am twice as old as my wife whereas my grandmother, who is celebrating her eighty-first birthday is as old as all of us put together.

How old is the man's son ?

Asked by Neha on 17 May 2021

Hot Articles

Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.