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

In a supermarket, there is an intelligent glass pane before a refrigerating unit. This glass pane allows cherries and apples through it but does not allow grapes and Orange to pass through it.

Can you identify the rule that the glass pane is following?

Asked by Neha on 18 Jul 2024


Let's play a word game. Following are some meaningless words that can be completed by adding random letters on either side of the word.

For example, the word "rdo" can be formed into "pardon".

Using the same technique, can you complete the given words?
ecalc
airb
rinci
tibac
uidel
gorit
igna
eyho

Asked by Neha on 17 Feb 2025

Count the number of squares in the picture below.

Count The Magic Squares

Asked by Neha on 14 Dec 2024


How many times can you subtract the number two from the number fifty?

Asked by Neha on 12 Mar 2022

What shoe company does this rebus represent?

Shoes Company Rebus Riddle

Asked by Neha on 18 Jun 2026

What brings you down but never up?

Asked by Neha on 22 Oct 2021


It's a test that will check your IQ.

Suppose you have one 11 minute hourglass and one 13 minute hourglass.

Can you measure exactly fifteen minutes using them ?

Asked by Neha on 01 Jul 2021

Imagine a box with two cogwheels, one big with 24 teeth and one small with 8 teeth. The big one is firmly attached to the center of the box which means it does not turn or move while the small one rotates around the big one.

How many times do you think that the smaller wheel will turn compared to the box when it turns once around the big one?

Magical Wheels

Asked by Neha on 22 Sep 2024

Solve the rebus below.

Solve the Rebus meaning

Asked by Neha on 21 Aug 2026


John bought a new car. He has a habit of eating ice cream from a particular ice cream shop while returning home from office. Whenever, he eats strawberry ice cream, he faces no problem. But whenever, he eats chocolate ice cream, the car starts giving problem. At first, he thinks, it is just a co-incidence but when this awkward incident happens for 3-4 times, he reports this problem to the company.

The mechanic of the company checks but finds no problem at all. The next day, when he stops by to eat chocolate ice cream, the car again starts giving problem.

Can you find the possible reason?

Asked by Neha on 17 Sep 2024

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.