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

Some friends went on a vacation to a resort. It was raining heavily and it kept raining for thirteen days.

When it rained in the morning, the afternoon was beautiful and when it rained in the afternoon, the day was blessed with a clear morning.

Overall, the friends experienced eleven nice mornings and twelve nice afternoons. Can you find out the number of days they spent on vacation?

Asked by Neha on 08 Jun 2024


A non-stop marathon is the shared favourite sport of three brothers.

*The oldest one is fat and short and trudges slowly on.
*The middle brother's tall and slim and keeps a steady pace.
*The youngest runs just like the wind, speeding through the race.

"He is young in years, we let him run!" the other two brothers explained, "'because though he is surely number one, he is second, in a way." Why is it?

Asked by Neha on 03 Apr 2024

Suppose you are sitting in an interview and the interviewee asks you an aptitude question.

You have three buckets with a capacity of 4 litres, 8 litres and 10 litres and you have a large tank of water. Now you have to measure 3 litres of water precisely using those buckets. How will you do it?

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A man is sitting in a pub feeling rather poor. He sees that the man next to him is extremely rich. He turns to the rich man and says to him, 'I have an amazing talent; I know almost every song that has ever existed.'
The rich man laughs.
The poor man says, 'I am willing to bet you all the money you have in your wallet that I can sing a genuine song with a lady's name of your choice in it.'
The rich man laughs again and says, 'OK, how about my daughter's name, Joanna Armstrong-Miller?'
The rich man goes home poor. The poor man goes home rich.

What song did he sing? A man is sitting in a pub feeling rather poor. He sees the man next to him pull a wad of £50 notes out of his wallet. He turns to the rich man and says to him, 'I have an amazing talent; I know almost every song that has ever existed.' The rich man laughs. The poor man says, 'I am willing to bet you all the money you have in your wallet that I can sing a genuine song with a lady's name of your choice in it.' The rich man laughs again and says, 'OK, how about my daughter's name, Joanna Armstrong-Miller?' The rich man goes home poor. The poor man goes home rich. What song did he sing?

Asked by Neha on 01 Feb 2026

Two girls were born to the same mother, on the same day, at the same time, in the same month and year and yet they're not twins. How can this be ?

Asked by Neha on 26 May 2021

In a certain bank, a man deposits a certain amount. According to the bank policies, the amount will be doubled up in a year but as the service charge, they will also deduct Rs. 65 by the end of every year.

If after the 6th year, the amount becomes 0, what do you think is the original amount he deposited in the bank?

Asked by Neha on 23 Mar 2026


Find a 9-digit number, which you will gradually round off starting with units, then tenth, hundred etc., until you get to the last numeral, which you do not round off. The rounding alternates (up, down, up ...). After rounding off 8 times, the final number is 500000000. The original number is commensurable by 6 and 7, all the numbers from 1 to 9 are used, and after rounding four times the sum of the not-rounded numerals equals 24.

Asked by Neha on 05 Dec 2024

In the given picture, you can find two letters missing. When two particular letters are placed in the missing spots, you get an eight-letter word while reading in the anti-clockwise direction. Can you find out the missing letters and the missing word eventually?

Picture Puzzle

Asked by Neha on 23 Dec 2024

Kareena is older than Katrina and younger than Karishma. Isabelle is younger than Bipasha and Karishma. Bipasha is older than Karishma. If Kareena and Isabelle are the same age, who's the youngest?

Asked by Neha on 31 Mar 2025


Mother's Name is Mrs. SIXTY TWO
Son's Name is FIFTY TWO
Daughter's Name is FORTY TWO
What is Name of Father?

Asked by Neha on 20 Mar 2022

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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.