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

My location can be determined by the below rebus.
So where am i ?

Find my Location

Asked by Neha on 15 Aug 2021


You can find some missing letters in the picture. By placing two particular letters in the spaces, you can form a nine lettered word beginning from one of the corners and going clockwise direction to the middle. Can you find out the letters and the word?

Make the Word

Asked by Neha on 06 Oct 2023

John and his team plan to rob a safe. They got just one chance to break the code else the local police will be informed. Below are clues:
A) Exactly one number is perfectly placed: 9 8 1
B) Everything is incorrect: 9 2 4
C) Two numbers are part of the code of the safe but are wrongly placed: 0 9 3
D) One number is part of the code of the safe but is wrongly placed: 1 4 7
E) One number is part of the code of the safe but is wrongly placed: 7 8 3

Asked by Neha on 27 Apr 2024


A wife and her husband were driving in their car on the highway. All of a sudden, they ran out of gas. So the husband said to the wife, 'Now, you stay here. I will go down the highway to the nearest gas station, and it will be about 1 hour. Just listen to the radio and read some books, and remember to lock all the windows and doors. I will leave the keys with you.' So, off the husband went, and the wife first locked ALL the windows and doors. Next, she turned on the radio, and this is what she heard on the news report:
'THERE IS A MURDERER ON THE LOOSE. HE WAS LAST SEEN ON THE HIGHWAY, WEARING ALL BLACK, ABOUT 5 FOOT 11 INCHES. PLEASE, BE AWARE AND CONTACT THE POLICE IMMEDIATELY.' The wife got very scared. She turned off the radio and double-checked the locked doors. Then she saw the murderer, only a couple of feet away from the car. An hour later, the husband returned to his car. Inside the car, his wife was DEAD, she had been murdered. All the windows were still locked, and the doors. No windows were broken, and the car was in PERFECT condition. No scratches or anything, it was the same way as when he left it. How did the murderer kill the wife?

Asked by Neha on 13 Jul 2023

What is the value of 1/2 of 2/3 of 3/4 of 4/5 of 5/6 of 6/7 of 7/8 of 8/9 of 9/10 of 1000?

Asked by Neha on 26 Sep 2021

If Japan and Panama decided to merge into a single country, probably people will name it Japanama.

Can you think of two more such country's unions that could produce similar names like Japanama by overlapping their three letters?

Asked by Neha on 08 Sep 2024


A man was found murdered on Sunday morning. His wife immediately called the police. The police questioned the wife and staff and got these alibis: The Wife said she was sleeping. The Cook was cooking breakfast. The Gardener was picking vegetables. The Maid was getting the mail. The Butler was cleaning the closet. The police instantly arrested the murderer. Who did it and how did they know?

Asked by Neha on 17 May 2021

A four-digit number (not beginning with 0) can be represented by ABCD. There is one number such that ABCD=A^B*C^D, where A^B means A raised to the B power. Can you find it?

Asked by Neha on 31 Jul 2023

There are three boxes. One is labeled "APPLES" another is labeled "ORANGES". The last one is labeled "APPLES AND ORANGES". You know that each is labeled incorrectly. You may ask me to pick one fruit from one box which you choose.

How can you label the boxes correctly?

Asked by Neha on 07 Sep 2021


When I get multiplied by any number, the sum of the figures in the product is always me. What am I?

Asked by Neha on 10 Oct 2021

Hot Articles

Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.