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

Place a mathematical symbol between the numerals 5 and 9 in such a way that the resulting number is greater than 5 but smaller than 9.

Asked by Neha on 30 Jul 2021


Which five letter word can be added at the end of below word to form a
valid word?

> Pin
> Check
> Boiling
> View

Asked by Neha on 13 Aug 2021

There was a man he lives in a hotel each morning he presses the first floor button each evening if there is a person in the elevator he asks him to press the 10 floor button if there is no one in the elevator he takes the stairs why.

Asked by Neha on 17 Mar 2022


Count the number of triangles in the below picture?

Triangles Count

Asked by Neha on 12 Oct 2023

There is a unique number which when multiplied by any number from 1 to 6, we will get the new number that contains the same digits only.

Can you find that number?

Asked by Neha on 19 Dec 2023

Its something that each of us devours,
Not just us but birds, beats, trees, and flowers,
Frets iron and nibbles steel,
Toil hard stones to meal,
Exterminates king, collapse town,
And blows the mountains down.

Asked by Neha on 20 Mar 2023


why number 8549176320 is one of a kind?

Asked by Neha on 17 Apr 2023

A bridge is about to collapse. There are four people P, Q, R and S on one of the sides. Before the bridge collapses, they want to cross it. Now since the bridge is too weak, it can only stand the weight of two people at a time. Also, it is night time and nothing is visible. They have just one torch with them.

Now P takes one minute to cross the bridge, Q takes two minutes to cross, R takes five minutes to cross and S takes ten minutes to cross.

The bridge will collapse in seventeen minutes. How will they be able to cross the bridge before it collapses?

Asked by Neha on 01 Apr 2024

Can you solve the below algebraic mathematical equation?

(J+O+I+N+T)3 = JOINT

Asked by Neha on 29 May 2021


A person is found murdered in his Chamber. When the crime scene is investigated, the Investigator find out that there is a calendar on which the victim has written a few numbers with his blood. The numbers are 4, 11, 11 and 4.

There are four suspects in the murder, John, Jacob, Anna and Lee. Can you find out who is the murderer?

Asked by Neha on 29 Jan 2026

Hot Articles

Amazing Facts

Rubik’s Cube

The inventor of the Rubik’s Cube didn’t realize he’d built a puzzle until he scrambled it the first time and tried to restore it.