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 dead body is found outside a multi-story multinational company. The case is reported and a homicide detective is called on the crime scene.

He looks at the body and then towards the building. From the position of the body, it is evident that the victim committed suicide. He goes to the first floor of the building and then walks in the direction of the dead body, opens the window and toss a coin in the air.

He goes to second floor and again repeats the process. He keeps doing this till he is done on all the floors. Then he returns back to the floor and tells his team that it is a murder.

How in heaven did he deduce that?

Asked by Neha on 10 Sep 2021


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

Can you decipher these quotes by Albert Einstein?
Blf xzm mvevi hloev z kilyovn lm gsv ovevo lm dsrxs rg dzh xivzgvw.

Asked by Neha on 12 Jun 2024


Can you solve this tricky maths equation problem by replacing it? mark with the correct symbol?

19834 -----: 187
15921 -----: 153
17561 -----: 139
13734 -----: ???

Asked by Neha on 28 May 2023

Its something that each of us devours,
Not just us but birds, beats, trees, and flowers,
Frets iron and nibbles steel,
Toil hard stones to meal,
Exterminates king, collapse town,
And blows the mountains down.

Asked by Neha on 20 Mar 2023

What is so fragile that saying its name breaks it?

Asked by Neha on 19 Oct 2021


I’m tall when I’m young, and I’m short when I’m old. What am I?

Asked by Neha on 07 May 2022

A research team went to a village somewhere between the jungles of Africa. Luckily for them, they reached the day when quite an interesting custom was to be performed. The custom was performed once a year as they confirmed and was performed in order to collect the taxes from every male of the region.

The taxes were to be paid in the form of grains. Everyone must pay pounds of grain equaling his respective age. This means a 20-year-old will have to pay 20 pounds of grain and a 30-year-old will pay 30 pounds of grain and so on.

The chief who collects the tax has 7 weights and a large 2-pan scale to weigh. But there is another custom that the chief can weigh only three of the seven weights.

Can you find out the weights of the seven weights? Also, what is the maximum age of the man that can be weighed for the payment of taxes?

Asked by Neha on 12 Jan 2025

1 dollar = 100 cent
= 10 cent x 10 cent
= 1/10 dollar x 1/10 dollar
= 1/100 dollar
= 1 cent

=> 1 dollar = 1 cent

solve this tricky problem?

Asked by Neha on 12 Oct 2024


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

Asked by Neha on 17 May 2022

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Amazing Facts

Out of the Box

The phrase “thinking outside the box” was popularised from the solution to a topographical puzzle involving 9 dots in a box shape.