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

What is the word or phrase below?
R | E | A | D

Asked by Neha on 28 Jul 2024


What jumps when it walks and sits when it stands?

Asked by Neha on 27 Oct 2025

Today is John's birthday.
A year ago, John had five candles and he lit all the candles except the one at the last.
Now he is going to light all the candles.

How old is John Today?

(He is not five today.....)

Asked by Neha on 04 Feb 2025


You are on a Boat in the mid of a river. You have two cigarettes with you. One of these two you have to light, how will you light the cigarette?

Asked by Neha on 21 Jul 2024

Sherlock Holmes was challenged to make a pre-drawn line smaller without erasing it. He did it in fractions of seconds. How?

Asked by Neha on 12 Apr 2023

John Went to the nearby store in a Mall to buy something for her home. Below is the conversation between the two:

John: How much for the one?
Shopkeeper: It is $2
John: How much for the Eleven?
Shopkeeper: It is $4
John: How much for the Hundred?
Shopkeeper: It is $6.

What is John buying?

Asked by Neha on 01 Dec 2025


John gave half of the apples he had plus one more to Jacob. He gave half of the remaining ones plus one more to James. Now, John was left with just one apple.

Can you find out how many did he have in the beginning?

Asked by Neha on 13 Nov 2024

Which is Odd One Out and why?

4377

3954

9862

8454

9831

Asked by Neha on 09 Jan 2024

Can you find the missing letter in the sequence?
S - T - I - L - ? - T - F - Y - C

Asked by Neha on 04 Oct 2025


John has played 50 ODI's and his average is 50. How many runs should he score in his 51st ODI, so that his average score jumps to 51?

Asked by Neha on 24 Nov 2025

Hot Articles

Amazing Facts

No Solution

In 2007, a puzzle was released and $2 million prizes were offered for the first complete solution. The competition ended at noon on 31 December 2010, with no solution being found. Wiki