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

Two old friends, Jack and Bill, meet after a long time.

Three kids
Jack: Hey, how are you, man?
Bill: Not bad, got married and I have three kids now.
Jack: That's awesome. How old are they?
Bill: The product of their ages is 72 and the sum of their ages is the same as your birth date.
Jack: Cool..But I still don't know.
Bill: My eldest kid just started taking piano lessons.
Jack: Oh, now I get it.

How old are Bill's kids?

Asked by Neha on 21 Apr 2021


Lifeless eyes on my smiling face and watch your child's sleeping place. In their dreams they hold me tight. What am I?

Asked by Neha on 17 Oct 2021

How many minutes are there in Feb 2017?

Note: The shortest answer is the correct answer.

Asked by Neha on 08 Aug 2024


Can you identify the direction in which this bus is moving; left or right?

Hint: The bus is moving on the roads of London.


Find Bus Direction

Asked by Neha on 17 May 2021

What is the four-digit number in which the first digit is one-third the second, the third is the sum of the first two, and the last is three times the second?

Asked by Neha on 15 Sep 2025

I am weightless, but you can see me. Put me in a bucket, and I'll make it lighter. What am I?

Asked by Neha on 23 Nov 2025


Can you think of a smallest +ve number such that if we shuffle the digits of the number, the new number becomes double the original number?

Asked by Neha on 25 Feb 2024

Five teams were competing in cricket where they faced each other exactly once. After the tournament, the following is the point table.

DareDevils 6
SuperKings 5
Royals 4
Sunrisers 2
Riders ?

How many points did Riders end up with?

Asked by Neha on 14 Nov 2025

What do the following words have in common?

Assess
Banana
Dresser
Grammar
Potato
Revive
Uneven
Voodoo

Asked by Neha on 09 Dec 2025


Client Dempsey living in one of the East Coast states of the U.S. was talking to Landon Donovan, who was living in the West Coast state of the U.S.

Dempsey: What time is it?
Donovan: Wow, It is the same time here.

How is this possible?

Asked by Neha on 30 Apr 2025

Hot Articles

Amazing Facts

Challenging

There is a cryptic organization called Cicada 3301 that posts challenging puzzles online, possibly to recruit codebreakers and linguists.