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

No one wants to have it, but if one got it, he does not want to lose it. What is It?

Asked by Neha on 11 Jan 2021


100 prisoners are stuck in the prison in solitary cells. The warden of the prison got bored one day and offered them a challenge. He will put one prisoner per day, selected at random (a prisoner can be selected more than once), into a special room with a light bulb and a switch which controls the bulb. No other prisoners can see or control the light bulb. The prisoner in the special room can either turn on the bulb, turn off the bulb or do nothing. On any day, the prisoners can stop this process and say "Every prisoner has been in the special room at least once". If that happens to be true, all the prisoners will be set free. If it is false, then all the prisoners will be executed. The prisoners are given some time to discuss and figure out a solution. How do they ensure they all go free?

Asked by Neha on 20 Apr 2022

Transform the word THINK into BRAIN while changing only one letter at a time in a manner that each of the word in the process is a real word!!!

Asked by Neha on 16 Feb 2023


An express train takes 3 seconds to enter the tunnel which is 1 km long.
If it is travelling at 120 km an hour, how long will it take to pass completely through the tunnel?

Asked by Neha on 26 Nov 2023

Why do you find that most of the buildings are deprived of the 13th floor?

Asked by Neha on 11 Jan 2025

I am first found in caves, now prolific online; I am a depiction, a drawing, a symbol, or sign. I will convey whichever mood you could wish; or for that matter, a fist, flask, or fish. What am I?

Asked by Neha on 14 Apr 2022


During a secret mission, an agent gave the following code to the higher authorities
AIM DUE OAT TIE MOD

However, the information is in one word only and the rest are fake. To assist the authorities in understanding better, he also sent them a clue, If I tell you any one character of the code, you can easily find out the number of vowels in the codeword.

Can you find out the code word?

Asked by Neha on 19 Feb 2023

You see a boat filled with people, yet there isn’t a single person on board. How is that possible?

Asked by Neha on 16 May 2022

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


By using 'because' continuously three times, can you make an English statement ?

Asked by Neha on 28 Aug 2021

Hot Articles

Amazing Facts

Artificial Intelligence

Artificial Intelligence has crushed all human records in the puzzle game “2048,” achieving a high score of 839,732 and beating the game in only 973 moves without using any undo.