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

A train leaves from point A for point B at 80 mph. After half an hour, another train leaves from point B for point A at 60 mph.

Which of the trains will be farther from point A when they meet ?

Asked by Neha on 23 Jan 2021


what does the below math rebus puzzle mean?

Find the Rebus Meaning

Asked by Neha on 13 Nov 2023

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

Asked by Neha on 28 Aug 2021


Can you solve the below tricky visual equation?

Visual Equation

Asked by Neha on 29 Jun 2024

I know a ten-letter word in the English language which can be typed using only the top rows of the computer keyboard.

Asked by Neha on 18 May 2024

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


What does it mean?

What does it mean?

Asked by Neha on 03 Mar 2025

Find the mistake in the below maths equations

A = 2
A(A-1) = 2(A-1)
A2-A = 2A-2
A2-2A = A-2
A(A-2) = A-2
A = 1

Asked by Neha on 15 Oct 2024

There was a minor accident with a doctor's son but the doctor noticed no major injury. After the treatment, the father of that doctors son is sitting with the son of the doctor without the doctor being in the room.

How can this be possible?

Asked by Neha on 02 Feb 2025


Joseph buys three kinds of chocolates for 100 rupees. The first one is priced at 5 rupees, second one at 3 rupees and third one at 0.5 rupees.

If he bought 100 chocolates in total, how many pieces do you think he bought each chocolate?

Asked by Neha on 04 Jan 2021

Hot Articles

Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.