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

Which number should replace the question mark?

Triangular Logic

Asked by Neha on 11 Aug 2023


In the given figure, move three matchsticks so that the resulting figure contains two rectangles.

Matchsticks Rectangles

Asked by Neha on 25 Jul 2024

👉 I am a 7 letter word.
👉 I like mornings
👉 If you remove my 1st letter you can drink me
👉 If you remove my 1st & 2nd letters 👉 you may not like me
👉 If you remove my last letter, you will see me on television
👉Answer is really very interesting
Let us see who solves this....

Asked by Neha on 14 May 2021


Two batsman each on 94 runs. Seven runs needed to win in last 3 balls. Both make 100*. How?

Asked by Neha on 09 Apr 2023

What begins with T, ends with T, and has T in it?

Asked by Neha on 15 Oct 2021

For an extra income, John decided to work at a Hotel for one hour daily. The manager offers him that they will pay him $11 after every 11 days.
However, John offered a different proposition to the manager. The offers stand as:
He will be paid just a penny on his first day.
Two pence will be paid on the second day,
Four pence will be paid on the third day.
And so on till the 11th day.

Should the Hotel manager accept his offer?

Asked by Neha on 30 Nov 2025


Solve the equation by replacing the alphabet with numbers.

MOM + MOM + NO = BOOK=

Asked by Neha on 06 Aug 2023

1. How can we put an elephant in the refrigerator?
2. How can we put a Giraffe in a refrigerator?
3. The king of the jungle invites all the animals to a party everyone comes except for one animal, which animal?
4. You come to a crocodile-infested lake, you can't go around it, you can't co under it and you can't go over it, how do you get across?

Asked by Neha on 25 May 2023

A Doctor always sneezes before the rain. Doctor sneezes, Will it rain?

Asked by Neha on 24 Jul 2024


A Shopkeeper sold a few chickens to four different customers on a particular day. It was such that each customer purchased half of the remaining chickens and half the chicken more.

Can you find out how many chicken were sold by the shopkeeper on that day if we tell you that the fourth customer bought a single chicken ?

Asked by Neha on 01 Jul 2024

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.