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

Christina, Allison and Lena are 3 daughters of John a well-known Mathematician, When I asked John the age of their daughters. He replied "The current age of her daughters is prime. Also, the difference between their ages is also prime."

How old are the daughters?

Asked by Neha on 05 Aug 2023


An exterior architect is asked by a builder to plant seven trees in a manner that there are exactly six rows of trees in a straight line and each row has three trees in particular.

How will he do it?

Math Figure Puzzle

Asked by Neha on 03 Apr 2023

Three friends named Mr. Black, Mr. Yellow and Mr. Green enter a pub on a weekend night. They are wearing either a Black, Yellow or Green shirt.

Mr. Yellow says to them, 'Did you notice that we all are wearing different color shirts than our names?'

To this, the man who was wearing the Green shirt said. 'Wow, thats right.'

Can you identify who is wearing which colour shirt ?

Asked by Neha on 28 Jul 2021


Suppose that you are trapped on the surface of a frozen lake. The surface is so smooth and ideal that there is no friction at all. You cant make any grip on the ice and no wind is blowing to help you out. You have just a mobile phone with you which has got no reception disabling you to call for help.

How will you plan your escape before you freeze to death on the frozen lake?

Asked by Neha on 25 Dec 2020

A cat, a dog and a monkey were stolen. 3 suspects got caught: Harish, Manoj and Tarun. All we know is each person stole one animal, but we do not know who stole which. Here are the investigation statements. Harish said: Tarun stole the cat. Manoj said: Tarun stole the dog. Tarun said: They both were lying. I did not steal the cat or the dog. Later on, the police found out the man who stole the monkey told a lie. The man who stole the cat told the truth. Can you find out who stole which?

Asked by Neha on 05 Nov 2023

A Man gave one of his sons 10 cents and another son was given 15 cents. What time is it?
Hint: Figure out the relation between time and number, is not so easy..:)

Asked by Neha on 02 Nov 2023


You are given with the following sum. Each of the letters can be decoded as a digit. If we tell you that D = 5, then can you solve it entirely?

DONALD
+GERALD
=ROBERT

Asked by Neha on 29 Jun 2021

A newspaper is supposed to have 60 pages.Pages 14 and 21 are missing from the newspaper.

Can you tell me , Which other pages won't be there as well ?

Asked by Neha on 07 Feb 2023

I have nine bottles of wine and one of the nine bottles is poisoned.
I need to find the poisoned bottle with two facts
(1) Poison is deadly, only a sip will cost death
(2) I have two mice to do so.

How should I do it?

Asked by Neha on 25 May 2021


What occurs twice in a week, once in a year but never in a day?

Asked by Neha on 27 Dec 2020

Hot Articles

Amazing Facts

Challenging

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