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

Six people park their car in an underground parking of a store. The store has six floors in all. Each one of them goes to a different floor. Simon stays in the lift for the longest. Sia gets out before Peter but after Tracy. The first one to get out is Harold. Debra leaves after Tracy who gets out on the third floor.

Can you find out who leaves the lift on which floor?

Asked by Neha on 24 Dec 2024


A small town is visited by an ice-cream truck every day. On the first day of February, the truck visits as usual and 5 children, one from each of the first 5 houses on the street buys an ice cream that is of the different flavor from each other along with a completely different topping.

Go through the details below and find out which child lives in which house and bought which ice-cream flavor with which topping:

1. Jim lives between the child who bought the Raspberry topping and the child who bought mango ice cream.

2. Joyce, whose house has an even number, bought the cherry topping. Nancy does not live next to Joyce.

3. The blackcurrant ice cream had no topping.

4. The child who lives in house number 2 had the butterscotch ice cream. The child in house number 3 did not have chocolate ice cream.

5. Mike had banana ice cream. He hates banana cherry.

6. The child who had the cashew topping lives in house number 5. Dustin does not live in house number 4.

Please note that the odd numbered houses and the even numbered houses are located on the exactly opposite sides of the street.

Asked by Neha on 27 Jul 2021

One day, I thought of ways that can be used for creating a palindrome. So I decided that I will turn into a larger number by adding the reversed digits to the original number and keep doing it till I finally obtained a palindrome.

I am not sure if this process will always result in a palindrome eventually but I was able to produce a four-digit palindrome. Can you guess my starting number?

Asked by Neha on 17 Apr 2024


A farmer and his neighbour once went to Emperor Akbar"s court with a complaint. "Your Majesty, I bought a well from him," said the farmer pointing to his neighbour, "and now he wants me to pay for the water."
"That"s right, your Majesty," said the neighbour. "I sold him the well but not the water!"?
The Emperor asked Birbal to settle the dispute. How did Birbal solve the dispute?

Asked by Neha on 10 May 2021

With pointed fangs I sit and wait; with piercing force I crunch out fate; grabbing victims, proclaiming might; physically joining with a single bite. What am I?

Asked by Neha on 13 Mar 2025

There is a square piece of paper with a hole that is denoted by the circle on the top right side in the given picture. You have to cut the paper in a manner that it forms two and only two separate pieces of paper and then rearrange the pieces in a manner that the holes come in the centre of the paper.

Rearrange Paper

Asked by Neha on 18 Aug 2023


An office is divided into 8 cubicles. How many of the cubicles are painted if only 1/8 of the cubicles are painted?

Asked by Neha on 23 Feb 2022

There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

Asked by Neha on 03 Sep 2023

Two boys were admitted to a school. When the headmaster asks them about their parents, they tell him that they have same parents (father and mother). On further inquiry, it turns out that they both share the same date for their birthday.

"Are you twins," ask the headmaster.
"No," replies the boys.

Is it possible?

Asked by Neha on 22 Feb 2024


Be active and find the killer in the picture Riddle below.


Who is Killer

Asked by Neha on 17 May 2021

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