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

What kind of storm is always in a rush?

Asked by Neha on 16 Jan 2024


The Federal bank of London is abducted by the robbers. The head of the robbers asked the cashier to empty their money vault to them and when suddenly cashier got a call from her father. To avoid any suspicion, the robber asked the cashier to pick the call and reply her father in the shortest manner possible.

The cashier told her father "Is there an emergency father, Call me when you are free and I will help you in your furnishing" and then the cashier hung up the phone.

After 10 minutes, police arrived at the crime scene.

How did the police know about the robbery?

Asked by Neha on 15 May 2021

Two prisoners Jack and Jill are locked in a cell.
There is open window approx 40 feet above the ground of the cell.
They are never able to reach there.

Then they plan to escape by a tunnel and they start digging out.
After digging for more than 20 days, Jill comes with the different plan and they escaped.

what was the plan ?

Asked by Neha on 10 Aug 2021


Can you find the next number in the below sequence
3 , 7 , 10 , 11 , 12 , 17 ?

Asked by Neha on 04 Mar 2025

A train full of passengers goes through a tunnel. When the train comes out from the other end, there is no single person on the train.

How did it happen?

Asked by Neha on 26 Dec 2025

Can it be possible to build a house that has all its four walls facing towards the South?

Asked by Neha on 20 May 2024


The owner of a popular clothing store comes up with his own method of pricing items. A vest costs $8, socks cost $10, a tie costs $6, and a blouse costs $12. Using the owner’s method, how much would a pair of underwear cost?

Asked by Neha on 21 Jun 2025

Below is the sum of symbols in each row and column in the figure. Analyzing the figure, can you find out the value of the symbols?

Value of the Symbols

Asked by Neha on 12 Aug 2023

2, 3, 5, 9, 17, _ What is the next number in the sequence?

Asked by Neha on 09 Oct 2021


Double it and multiply it by 4. Then divide it by 8 and you’ll have it once more. What number is it?

Asked by Neha on 23 Oct 2025

Hot Articles

Amazing Facts

Word ladder puzzle

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