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

Can you place three balls such that the equation shown in the picture holds true?

Place the Balls

Asked by Neha on 07 Mar 2024


What is the word or phrase below?
R | E | A | D

Asked by Neha on 28 Jul 2024

What can jump higher than a building?

Asked by Neha on 24 Oct 2025


Tell me the Hindi name of a Vegetable which if we remove 1st word will become a precious Stone and by removing the last word it will become a sweet eatable.

Asked by Neha on 16 Apr 2025

An explorer goes on an exposition in the jungle. He sets up camp in the middle of the jungle. The next morning he sees something with a head and a tail, but he is not afraid. What did he see in his bag?

Asked by Neha on 18 May 2026

John was running from 40 thieves. John has got 3 gold boxes which weigh as 4kg, 2kg, and 1kg respectively. A witty man asked John to stay with him for seven days in exchange for 1kg gold per day. John needs to stay there for seven days and also do not want to give the witty man any advance. How can John pay for his seven days stay?

Asked by Neha on 14 Jul 2023


If Bihan is 10, Anirudha is 20, and Kim and Seal are both 5, but Rikold is 10, how much is Kenniger by the same trend?

Asked by Neha on 06 Sep 2024

While preparing the table for dinner, wife came up with an idea to tease his mathematician husband. She asked her husband to pick nine toothpicks and make ten without breaking any toothpick.

The husband was also smart and did it within seconds. How ?

Asked by Neha on 22 Dec 2020

A Club organizes a Running Race, and John, Jacob, Minda, and Tony participated.

The results are as follows

John beats Jacob
Minda beats Toni
Toni beats John

Who came first in the race?

Asked by Neha on 23 May 2024


John was driving a bus and got stuck when passing through an underpass. Then came Jacob with a needle and got the bus out of the underpass.

What did the boy do?

Asked by Neha on 30 Mar 2025

Hot Articles

Amazing Facts

Challenging

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