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

John speaks the truth only once a day in a week. Below are a few hints for you:

First: Days are Sunday, Monday and so on.
Second: One day he says, "I lie on Monday and Tuesday".
Third: On the next day, he says, "Today is either Thursday, Saturday or Sunday".
Fourth: On the next day, he says, "I lie on Wednesday and Friday".

Can you identify the day on which he speaks the truth?

Asked by Neha on 09 May 2025


How is a fly different from a mosquito?

Asked by Neha on 15 Jul 2023

What number when divided in half becomes zero?

Asked by Neha on 20 Jul 2024


It spends most of its day eating white, but when it’s quick enough, it gets to eat fruit and sometimes some blue things. It’s in a dark room, where the walls are blue, it runs from a ghost that roams the halls and haunts it all the time. What is it?

Asked by Neha on 30 May 2025

1. What does:
TIM JOB
represent?

2. What does:
MO_ _
represent?

Asked by Neha on 21 Feb 2025

A man is found dead in his bathroom naked with blood scattered all around him. The bathroom was locked from the inside and there is no trace of any struggle. There is nothing in the bathroom except his pant with the belt still around and his shirt. Also, the medic team can't find any incision in his body that may have been the reason behind so much blood loss.

The Police department is clueless regarding this murder mystery.
Can you?

Asked by Neha on 27 Nov 2024


The average age of 10 members of a committee is the same as it was 4 years ago, because an old member has been replaced by a young member. Find how much younger is the new member ?

Asked by Neha on 19 Jul 2021

Two fathers and two sons decided to go to a shop and buy some sweets upon reaching. Each of them bought 1 kg of sweet. All of them returned home after some time and found out that they had 3kg of sweets with them.

They did not eat the sweets in the way, nor threw or lose anything. Then, how can this be possible?

Asked by Neha on 01 Jun 2024

I know a country, If you remove the last alphabet of its name, it will become a part of your body. Do you name it?

Asked by Neha on 26 Jan 2021


As we know that white starts the game of chess. Can you find the scenario shown in the picture below is possible when all the white pieces are at the original place while the black pawn is not as in the below picture?

Chess Game Trick

Asked by Neha on 04 Sep 2023

Hot Articles

Amazing Facts

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.