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 does this rebus puzzle means ?

Rebus Picture Problem

Asked by Neha on 18 Jul 2023


A man was gazing through the window of the 23rd floor of the building. He suddenly opened the window and jumped on the other side of the window. On landing on the floor, there was not a sheer mark of injury on him.

How can that be possible if he did not use any kind of parachute and did not land on a soft surface?

Asked by Neha on 12 Feb 2025

Solve the below puzzle by replacing the question mark with the correct number.

3 6 12

4 8 16

5 10 ?

Asked by Neha on 12 Apr 2025


The two towns are exactly 100 km apart. John leaves City A driving at 30 km/hr and Jacob leaves City B half an hour later driving at 60 km/hr. Who will be closer to City A when they meet?

Asked by Neha on 11 Nov 2024

I taste better than I can smell. Who am I?

Asked by Neha on 30 Dec 2023

On her drawing table, Sayna lit 12 coloured candles. A few seconds later she blew two candles off.

How many candles Sayna have at the end?

Light the Candles

Asked by Neha on 07 Mar 2021


The teacher told the student that if he told a lie then he will be expelled from school and if he told the truth then he still is expelled from school.

What can a student say to prevent his being expelled from school?

Asked by Neha on 17 Nov 2023

What is next number in the pattern below:

131 517 192 123 ?

Asked by Neha on 31 Dec 2023

Sally lives in a place where six months of the year is mild summer and the temperature drops significantly the other six months. She owns a lake where there is a small island. She wants to build a house on the island and needs to get materials there. She doesn’t have a boat, plane, or anything to transport them to the island. How does Sally solve this problem?

Asked by Neha on 09 Jun 2025


There were two grandmothers and their two granddaughters.
There were two husbands and their two wives.
There were two fathers and their two daughters.
There were two mothers and their two sons.
There were two maidens and their two mothers.
There were two sisters and their two brothers.
Yet there are only six, who are buried here,
All are born legitimate and relationships clear.
How can this happen?

Asked by Neha on 15 Jun 2024

Hot Articles

Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.