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

Find The Next Number in this series.
1, 2, 6, 42, 1806 ?

Asked by Neha on 10 Jan 2025


The more it dries, the wetter it becomes. Can you tell what it is?

Asked by Neha on 09 Mar 2023

I’m tall when I’m young, and I’m short when I’m old. What am I?

Asked by Neha on 07 May 2022


Detective John was investigating a murder in China.
It was a difficult case, and John was completely stumped until he noticed a message sent to him by the killer cunningly hidden in a newspaper advertisement selling Car Licence Plates.
Detective John thought about it for a while, and when he had solved the puzzle, immediately arrested the guilty man.

Q1) How did John know the advert was a clue for him?

Q2) Solve the code and tell me who John arrested.

This is the newspaper advert (Car licence plates for sale) that Detective John saw.

Plates For Sale;

[W 05 NWO]
[H 13 HSR]
[O 05 EBM]
[D 08 UNE]
[U 10 HTY]
[N 04 BRE]
[N 16 TTE]
[I 26 LHC]
[T 10 AEE]
[I 26 CNA]
[X 22 VDA]

Asked by Neha on 07 Jul 2023

Can you count the number of quadrilaterals in the picture below?

Count the Quadrilaterals

Asked by Neha on 14 Mar 2023

My grandson is about as many days as my son in weeks, and my grandson is as many months as I am in years. My grandson, my son and I together are 120 years. Can you tell me my age in years ?

Asked by Neha on 20 Jun 2021


One day, Birbal got late for a function and Akbar was highly disappointed.
Please forgive me Jahanpanah. I arrived late because my child was crying and I had to calm him down, explained Birbal.
Does it take this long to placate a child? questioned the emperor. I feel that you have no idea about how to raise a child. I order you to act like a child and I will act like your father to show you how you should have dealt with your child. Come on! Ask me all that he asked from you.
Father, I want a cow, said Birbal.
The emperor quickly ordered one of the servants to bring a cow to the kingdom.
I want to drink its milk, now, now, now! said Birbal, imitating the voice of his child.
Akbar asked his servants to milk the cow and give to Birbal.
The servants quickly milked the cow and offered the milk to Birbal. He sipped in a little and then gave the bowl to the emperor.
As Birbal put up the next demand that was put up by his child a few hours ago, the emperor was stunned and left the room.
What did Birbal say?

Asked by Neha on 17 May 2021

You board a train. The train will have to enter a tunnel soon. You are claustrophobic. Which place is the best for you to sit?

Asked by Neha on 17 Nov 2024

A Japanese ship was en route to a mission on foreign seas. The captain of the ship felt tired and thought of taking a bath. He went for taking the shower and removed his diamond ring and Rolex and kept them on the table. When he returned after taking the bath, he found that the ring and watch were stolen.

He called the five members of the crew whom he suspected and asked them what they were doing for the last 15 minutes.

The Italian cook (with a butcher knife in hand): I was in the fridge room getting meat for cooking.

The British Engineer (with a high beam torch in hand): I was working on a generator engine.

The Pakistani seaman: I was on the mast correcting the flag which was upside down by mistake.

The Indian Radio officer: I was trying to make a contact with the company to inform them about our position.

The American navigation officer: I am on night watch, so I was sleeping in my cabin.

Upon listening to them, the captain caught the lying member. Who do you think stole the valuables?

Asked by Neha on 10 Apr 2024


The below given figure comprises of a pattern through which you can determine the missing letter. Can you push your mind to find the pattern and add the missing letter?

Replace the (?)

Asked by Neha on 30 Jun 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.