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 bank customer had $100 in his account. He then made 6 withdrawals. He kept a record of these withdrawals, and the balance remaining in the account, as follows:

Withdrawals Balance left
$50 $50
$25 $25
$10 $15
$8 $7
$5 $2
$2 $0
----- -----
$100 $99

Why are the Totals not tallying?

Asked by Neha on 14 Dec 2023


Can you find out what is missing?

1 3 5
2 4 ?

Hint: It's not six. Think out of the box.

Asked by Neha on 25 Aug 2023

If you read clockwise, you can form a word by inserting three missing letters in the picture given below. Can you do it?

English Clockwise

Asked by Neha on 10 Sep 2023


Intelligence Agency need to break the vault but the problem is that they are not able to break the vault.

On the vault, a text is written as:

31 11 33 33 43 45
21 25
31 24 11 31 51 41

To Break the code Intelligence Agency brings a mathematician named Joseph.
Minutes later he deciphers the code.

Whats the code?

Asked by Neha on 14 May 2021

Before Mount Everest was discovered, what was the highest mountain in the world?

Asked by Neha on 04 Aug 2021

You have two buckets of 11 liters and 6 litres.
How can you measure exactly 8 litres?

Asked by Neha on 17 Jan 2025


There was a greenhouse.
Inside the greenhouse, there is a white house.
Inside the white house, there is a red house.
Inside the red house, there are lots of babies.

What is It?

Asked by Neha on 07 Oct 2025

A charming young lady was approached by a kind looking old woman in a restaurant. The old woman said to her, 'You look exactly like my younger daughter. Sadly she passed away a couple of months back. Could you do me a favor and say 'Goodbye, mother' with a kind smile on your face when I leave?

The young lady agreed for the same and said, 'Goodbye, mother' when the old woman left. Soon after, she got the most disengaging shock of her life.

Can you guess what the shock was?

Asked by Neha on 01 Jun 2021

A car is crossing a 20 km-long bridge. The bridge can support at most 1500kg of weight over it. If somehow, the weight on the bridge becomes more than that, it will break.

Now, the weight of the car is exactly 1500kg. At the midway, a bird comes and sits on the roof of the car. This bird weighs exactly 200 grams.
Can you tell if the bridge breaks at this point or not?

Asked by Neha on 26 Sep 2024


Using mathematical symbols like +, -, and x in order to make the equations correct. Replace # with the above-given symbols.

9 # 8 # 7 # 6 # 5 # 4 = 91

Asked by Neha on 12 Dec 2024

Hot Articles

Amazing Facts

Out of the Box

The phrase “thinking outside the box” was popularised from the solution to a topographical puzzle involving 9 dots in a box shape.