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

Can you think of a smallest +ve number such that if we shuffle the digits of the number, the new number becomes double the original number?

Asked by Neha on 25 Feb 2024


A worker is to perform work for you for seven straight days. In return for his work, you will pay him 1/7th of a bar of gold per day. The worker requires a daily payment of 1/7th of the bar of gold. What and where are the fewest number of cuts to the bar of gold that will allow you to pay him 1/7th each day?

Asked by Neha on 05 Mar 2024

A California farmer owns a beautiful pear tree. He supplies the fruit to a nearby grocery store. The store owner calls the farmer to see how much fruit is available for him to buy. The farmer knows the main trunk has 24 branches. Each branch has exactly 12 boughs and each bough has exactly 6 twigs. Since each twig bears one piece of fruit, how many plums will the farmer be able to deliver?

Asked by Neha on 24 May 2025


You visit a home for specially-abled children on the occasion of Christmas where you meet with 50 children. You have a box of chocolates containing 50 chocolates exactly.

What if you were asked to one chocolate to each child in a manner that one chocolate still remains in the box? Is it possible?

Asked by Neha on 28 Apr 2023

When Jack was six years old he hammered a nail into his favourite tree to mark his height. Ten years later at age sixteen, Jack returned to see how much higher the nail was. If the tree grew by five centimetres each year, how much higher would the nail be?

Asked by Neha on 17 May 2021

He digs out tiny caves and stores gold and silver in them. He also built bridges of silver and made crowns of gold. They are the smallest you could imagine. Sooner or later everybody needs his help, yet many people are afraid to let him help them. Who is he?

Asked by Neha on 23 Dec 2025


Can you find a seven digit number which describes itself. The first digit is the number of zeros in the number. The second digit is the number of ones in the number, etc. For example, in the number 21200, there are 2 zeros, 1 one, 2 twos, 0 threes and 0 fours.

Asked by Neha on 23 Jul 2021

The Puzzle: A girl, a boy, and a dog start walking down a road.

They start at the same time, from the same point, in the same direction.

The boy walks at 5 km/h, the girl at 6 km/h.

The dog runs from boy to girl and back again with a constant speed of 10 km/h. The dog does not slow down on the turn.
How far does the dog travel in 1 hour?

Asked by Neha on 13 Jan 2026

There was a strange boy who was born before his father. How can this be possible?

Asked by Neha on 06 Jul 2024


Can you find the odd number in the following five choices?

1) 482636
2) 259807
3) 865195
4) 104739
5) 391744

Asked by Neha on 24 Nov 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.