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

What has hands, but can’t clap?

Asked by Neha on 21 Feb 2022


Daniel walks into a movie theatre. While in the movie, he suddenly smiles delightfully. About a couple of minutes later, he seems shocked. He walks out of the theatre, goes to a bridge and jumps over the edge killing himself.

Why did he do it?

Note: Think Lateral

Asked by Neha on 09 Aug 2026

I have some blue and red sock in my drawer. I have a total of 4 socks. I pick 2 socks and the chance that I get a pair of red socks is 1/2.

What is the chance of picking a pair of blue socks?

Asked by Neha on 22 Mar 2023


Divide 110 into two parts so that one will be 150 per cent of the other. What are the 2 numbers?

Asked by Neha on 27 Oct 2024

There is a barrel with no lid and some wine in it. 'This barrel of wine is more than half full,' said Curly. 'No it's not,' says Mo. 'It's less than half full.' Without any measuring implements and without removing any wine from the barrel, how can they easily determine who is correct?

Asked by Neha on 05 May 2023

How many people must be gathered together in a room, before you can be certain that there is a greater than 50/50 chance that at least two of them have the same birthday?

Asked by Neha on 16 Dec 2023


John bought 150 chocolates but he misplaced some of them. His Father asked him how many chocolates were misplaced.
He gave the following answer to him:
If you count in pairs, one remains
If you count in threes, two remain
If you count in fours, three remain
If you count in fives, four remain
If you count in sixes, five remain
If you count in sevens, no chocolate remains.

Can you analyze the statements and tell us how many chocolates were lost?

Asked by Neha on 22 Dec 2024

I am the first thing you need while camping.
I am always with the person named Marcos Valencia and Carrick.
But Pogba Zlatan and Rooney think I am wasteful and do not need me.
I am the second to the last thing to add when you are making a patch.

What am I?

Asked by Neha on 16 Dec 2024

A man is looking at a photograph of someone. His friend asks who it is. The man replies, “Brothers and sisters, I have none. But that man’s father is my father’s son.” Who was in the photograph?

Asked by Neha on 04 Jul 2025


You are playing as white and given four rooks to checkmate the black king in four moves with the following rules 1. You can place one rook every move and ensure the black king should be in check position.2. After four moves the black king should be in the checkmate position.

King Rooks Riddle

Asked by Neha on 21 Apr 2026

Hot Articles

Amazing Facts

Challenging

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