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 man stands on one side of a river, his dog on the other. The man calls his dog, who immediately crosses the river without getting wet and without using a bridge or a boat. How did the dog do it?

Asked by Neha on 05 Jul 2025


Which Travels Faster? Solve below famous picture riddle:

Which Travels Faster

Asked by Neha on 11 Dec 2024

A man lives on the fifteenth floor of an apartment building. Every morning he takes the elevator down to the lobby and leaves the building. In the evening, he gets into the elevator, and, if there is someone else in the elevator, or if it was raining that day, he goes back to his floor directly. Otherwise, he goes to the tenth floor and walks up five flights of stairs to his apartment. Can you explain why he does this?

Asked by Neha on 09 Apr 2024


Which of the eight images will fill the missing image in the puzzle below?

Pure Logic for Ginious

Asked by Neha on 06 Jul 2026

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

The warden meets with 23 new prisoners when they arrive. He tells them, "You may meet today and plan a strategy. But after today, you will be in isolated cells and will have no communication with one another.

"In the prison is a switch room, which contains two light switches labeled 1 and 2, each of which can be in either up or the down position. I am not telling you their present positions. The switches are not connected to anything.

"After today, from time to time whenever I feel so inclined, I will select one prisoner at random and escort him to the switch room. This prisoner will select one of the two switches and reverse its position. He must flip one switch when he visits the switch room, and may only flip one of the switches. Then he'll be led back to his cell.

"No one else will be allowed to alter the switches until I lead the next prisoner into the switch room. I'm going to choose prisoners at random. I may choose the same guy three times in a row, or I may jump around and come back. I will not touch the switches, if I wanted you dead you would already be dead.

"Given enough time, everyone will eventually visit the switch room the same number of times as everyone else. At any time, anyone may declare to me, 'We have all visited the switch room.'

"If it is true, then you will all be set free. If it is false, and somebody has not yet visited the switch room, you will all die horribly. You will be carefully monitored, and any attempt to break any of these rules will result in instant death to all of you"

What is the strategy they come up with so that they can be free?

Asked by Neha on 10 May 2021


Solve the alphametic puzzle by replacing the alphabet with the number.

S T O R M +
S O L E S
=========
T O W E L
=========

Asked by Neha on 30 Jul 2024

The host of a game show offers the guest a choice of three doors. Behind one is an expensive car, but behind the other two are goats.
After you have chosen one door, he reveals one of the other two doors behind which is a goat (he wouldn't reveal a car).

Now he gives you the chance to switch to the other unrevealed door or stay at your initial choice. You will then get what is behind that door.

You cannot hear the goats from behind the doors, or in any way know which door has the prize.

Should you stay, or switch, or doesn't it matter?

Asked by Neha on 06 May 2023

The sum of a mother, her baby and her dog's weight is 170 Kg. How much does the baby weigh if the mother weighs 100 kg more than the combined weight of the baby and the dog, and the dog weighs 60 per cent less than the baby?

Asked by Neha on 01 Feb 2025


What is the end of everything?

Asked by Neha on 18 Jul 2025

Hot Articles

Amazing Facts

Artificial Intelligence

Artificial Intelligence has crushed all human records in the puzzle game “2048,” achieving a high score of 839,732 and beating the game in only 973 moves without using any undo.