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

Find the last number in the series below:

voN luJ yaM raM ---

Asked by Neha on 05 Jun 2023


I purchased an awesome ice cream cone having 5 different flavour scoops.
Five flavours are pistachio, mint-chip, strawberry, marshmallow, and raspberry

I will give u some clues so that you can figure out the order of flavours from bottom to top.
1. The bottom flavour of the cone has 10 letters.
2. The marshmallow scoop is between the pistachio and the mint-chip scoop.
3. marshmallow is the raspberry scoop but below the mint-chip scoop.

So can you figure out the flavour of ice cream in order from bottom to top?

Asked by Neha on 21 Jul 2023

John went to buy some expensive, foreign chocolates. He only had Rs 100 with him. When he reached the shop, he got out and know that on those chocolates, there was a 15% import duty and 5% VAT.

How much worth chocolate should he buy so that he can accommodate it in Rs 100?

Asked by Neha on 25 Oct 2024


Below toothpicks/matchsticks indicate the group of fishes moving from west to east direction. Can you make them move from east to west by just moving three toothpicks/matchsticks?


Floating Fish

Asked by Neha on 14 May 2021

Can you find out the smallest number that can be conveyed as the sum of three squares in three unique ways?

Asked by Neha on 27 Aug 2023

Can you place six matchsticks in a manner that each of the matchsticks is in touch with the other five matchsticks?

Place the Matchsticks Riddle

Asked by Neha on 24 May 2026


There are three cows, two dogs, and one cat: How many legs do you have?

Asked by Neha on 20 Aug 2026

Can you find a pattern and the missing number in the series given below?

100, 155, 258,? , 584, 819.

Asked by Neha on 23 Sep 2024

How many pluses should we put between the digits of 987654321 to get a total of 99, and where?

Asked by Neha on 25 Sep 2021


A man dies of old age on his 25 birthday. How is this possible?

Asked by Neha on 17 May 2022

Hot Articles

Amazing Facts

Gamers

In 2011, people playing Foldit, an online puzzle game about protein folding, resolved the structure of an enzyme that causes an Aids-like disease in monkeys. Researchers had been working on the problem for 13 years. The gamers solved it in three weeks.