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 girl was sitting in her hotel room when she heard a knock on the door. She opened the door and found that a man was standing outside.
The man said, "Oh! I am really sorry, I thought this was my room."
He then walked through the corridor to the elevator. The girl did not know the man. She closed her door and called security asking them to apprehend the man.
What made her suspicious of that man? He might have been genuinely mistaken.

Asked by Neha on 28 Aug 2023


Using four sevens (7) and a one (1) create the number 100. Except for the five numerals, you can use the usual mathematical operations (+, -, x, :), root and brackets ()

Asked by Neha on 26 May 2023

1. How can we put an elephant in the refrigerator?
2. How can we put a Giraffe in a refrigerator?
3. The king of the jungle invites all the animals to a party everyone comes except for one animal, which animal?
4. You come to a crocodile-infested lake, you can't go around it, you can't co under it and you can't go over it, how do you get across?

Asked by Neha on 25 May 2023


A time long back, there lived a king who ruled the great kingdom of Trojan House. As a part of the renovation of the kingdom to meet future security needs, he asked his chief architect to lay down a new play in a manner that all of his 10 castles are connected through five straight walls and each wall must connect four castles together. He also asked the architect that at least one of his castles should be protected with walls. The architect could not come up with any solution that served all of King's choices, but he suggested the best plan that you can see in the picture below. Can you find a better solution to serve the king's demand?

Castles in a line

Asked by Neha on 18 Sep 2023

Three cars are driving on a track that forms a perfect circle and is wide enough that multiple cars can pass anytime. The car that is leading in the race right now is driving at 55 MPH and the car that is trailing at the last is going at 45 MPH. The car that is in the middle is somewhere between these two speeds.
Right now, you can assume that there is a distance of x miles between the leading car and the middle car and x miles between the middle car and the last car and also, x is not equal to 0 or 1.
The cars maintain their speed till the leading car catches up with the last car and then every car stops. In this scenario, do you think of any point when the distance between any two pairs will again be x miles i.e. the pairs will be x distance apart at the same time ?

Asked by Neha on 08 May 2021

I am sometimes honest
Sometimes dishonest
I can be sweet and also bitter
I can hurt you real bad and
also make u smile and blush ☺️
What am I?

Asked by Neha on 14 May 2021


By removing one matchstick and adding one matchstick, can you convert the word "ZOO" to an animal name?

Zoo Matchsticks Riddle

Asked by Neha on 27 May 2023

Which letter of the alphabet has the most water?

Asked by Neha on 03 Aug 2025

John's five friends Rachel, Jacob, Phoebe, Joey and Chandler live on the same road.

Rachel lives in the house: A, Jacob lives in the house: B, Phoebe lives in the house: C, Joey lives in the house:D, Chandler lives in the house: E

Mathematically
B*C*D = 1260
B + C + D = 2E
2A = E

The road numbers run from 2 to 222.

Can you tell me the house number of each of John's friends?

Asked by Neha on 10 Sep 2024


Thirty friends were on a hiking trip when they decided to enjoy the bonfire. They assembled for it and agreed to play a game. For that, they divided themselves into five teams with seven members each, forming five rows.

How did they manage to achieve this formation?

Asked by Neha on 07 Oct 2024

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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.