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

By what process could you make a 'Tea-Table' into food?

Asked by Neha on 16 Aug 2023


To attend world science seminar, A famous chemist from Mexico visit
London. In the lab, the scientist was killed and his six assistants were under suspicion of killing the chemist.
Name of six assistants: Austin, Wayne, Dege, Oscaru, Lingard, and Rojo.
He left a note "76-20-44 79-16-22-7"

A local detective Jack was called to solve the case,

After reading the note, Jack instantly asked the police to arrest the murderers.

Who are the murderers?

Asked by Neha on 15 May 2021

On one occasion, A Boy collects 71 rupees in form of 20 paise and 25 paise. He collects a total of 324 coins.

Can you tell me how many 20-paisa and 25-paisa he got?

Asked by Neha on 13 Jul 2024


There are six people in a family namely M, N, O, P, Q and R.

R and O are brother and sister.

N is the brother of Q's husband.
P is the father of M and grandfather of R.

How many male members are in the family?

Asked by Neha on 22 Oct 2023

If all the below statements are true

1. Gianni was either in Italy or France in 1997.
2. If Gianni did not kill Versace, Hilton must have killed him.
3. If Versace died of suffocation, then either Gianni killed him or Versace committed suicide.
4. If Gianni was in Italy in 1997, then Gianni did not kill Versace.
5. Versace died of suffocation, but he did not kill himself.

Who killed Versace and where was Gianni in 1997?

Asked by Neha on 11 Jan 2024

Solve The below Equation:

ALFA + BETA + GAMA = DELTA

Asked by Neha on 20 Jul 2023


A beggar on the street can make one cigarette out of every 6 cigarette butts he finds. After one whole day of searching and checking public ashtrays the beggar finds a total of 72 cigarette butts. How many cigarettes can he make and smoke from the butts he found?

Asked by Neha on 29 May 2024

A family is trapped in a jungle. There is a bridge which can lead them to safety. But at one time, the bridge can only allow two people to pass through. Also, all of them are afraid of the dark and thus, they can't go alone.

Father takes 1 minute to cross, the mother takes 2 minutes, the son takes 4 and the daughter takes 5 minutes. While crossing the time taken will be according to the slower one. How can they all reach the other side in the minimum possible time?

Asked by Neha on 09 Aug 2024

In the given picture, you can find two letters missing. When two particular letters are placed in the missing spots, you get an eight-letter word while reading in the anti-clockwise direction. Can you find out the missing letters and the missing word eventually?

Picture Puzzle

Asked by Neha on 23 Dec 2024


Replace the question mark with the correct number, given the pair of numbers exhibits a similar relationship?

? : 3839 :: 11 : 1209

Asked by Neha on 03 Jun 2023

Hot Articles

Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.