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

John and Jenni are a married couple. They have two kids, one of them is a girl. Assume safely that the probability of each gender is 1/2.
What is the probability that the other kid is also a girl?

Hint: It is not 1/2 as you would first think.

Asked by Neha on 14 Jun 2024


What is black when you buy it, red when you use it, and gray when you throw it away?

Asked by Neha on 06 Jan 2021

A guard is positioned at the one side of the bridge saying ‘A’. His task is to shoot all those who try to leave from ‘A’ to the other side and say ‘B’. He also need to welcome the person who comes from another side ‘B’ to his side ‘A’. The guard comes out of his post every 1 hour and looks down the bridge for any people trying to leave. You are at side ‘A’ and wish to go to another side ‘B’. you also know that it would take 1:45 hr to cross the bridge. How will you cross the bridge?

Asked by Neha on 23 Apr 2024


With the help clues provided in the image, can you find the 5 digit key?

Find the Key

Asked by Neha on 14 May 2021

How can a man go eight days without sleep?

Asked by Neha on 11 Mar 2024

In particular commonwealth games, a female participant won silver and gold medals for a single event.

How can this be possible?

Asked by Neha on 26 Feb 2024


Which Travels Faster? Solve below famous picture riddle:

Which Travels Faster

Asked by Neha on 11 Dec 2024

He digs out tiny caves and stores gold and silver in them. He also built bridges of silver and made crowns of gold. They are the smallest you could imagine. Sooner or later everybody needs his help, yet many people are afraid to let him help them. Who is he?

Asked by Neha on 23 Dec 2025

You have two buckets of 11 liters and 6 litres.
How can you measure exactly 8 litres?

Asked by Neha on 17 Jan 2025


A person is found murdered in his Chamber. When the crime scene is investigated, the Investigator find out that there is a calendar on which the victim has written a few numbers with his blood. The numbers are 4, 11, 11 and 4.

There are four suspects in the murder, John, Jacob, Anna and Lee. Can you find out who is the murderer?

Asked by Neha on 29 Jan 2026

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.