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

John and his wife were living in a rural place. On a particular day, John's wife fell ill and he called the local doctor. When the doctor picked up, he said, "Doctor, my wife is ill. She might have appendicitis."

"This can't be possible! I took out her appendix two years ago myself," the doctor explained.

When diagnosed, John's wife was found to have appendicitis. How can this be possible?

Asked by Neha on 19 Jun 2024


There was once a troop of 5 elves. The 5 elves were very dedicated on finding the magical treasure of 1000 coins. However, being elves, they were super geniuses, very greedy and they did not hesitate in taking lives of other elves. The 5 elves were named Aye, Bee, Cee, Dee and Ee, ranked from high to low respectively, from Aye to Ee. One fine day, their efforts brought results and they found 1000 coins. Now they had to split it in between them as per their ranks. The lowest ranked elf has to make the proposal. If the proposal is accepted by majority, it is agreed, or the suggesting elf is killed.

What proposal should elf Ee make ?

Asked by Neha on 14 Dec 2025

A mules travels the same distance daily.
I noticed that two of his legs travels 10km and the remaining two travels 12km.
Obviously two mules legs cannot be a 2km ahead of the other 2.

The mules is perfectly normal. So how come this be true ?

Asked by Neha on 08 May 2021


A mad serial killer kidnaps people and forces them to play the game of 2 pills with them, In this game, there are pills in the table and one of them is normal pill while the other one is deadly poisonous.
The victim will choose one pill and the killer will pick the other pill and both simultaneously will swallow the pill with water.
victim dies every time.

One day the serial killer kidnaps the Joseph and forces him to play the same game with him.

Joseph solves the mystery of the two pills and remains alive.

Explain?

Asked by Neha on 15 May 2021

You may enter, but you may not come in. I have space, but no room. I have keys, but open no lock. What am I?

Asked by Neha on 23 Oct 2021

There are three boxes which are labeled as Rs100, Rs150, and Rs200. One box contains two notes of Rs. 50. The second box contains one note of Rs50 and one note of Rs100 The third box contains two Rs. 100 notes. All boxes are labeled incorrectly.

What is the minimum number of boxes you must check in order to label all boxes correctly?

Asked by Neha on 02 Feb 2021


A woman lives in a Tall building thirty-six floors high and served by several elevators which stop at each floor going up and down. Each morning she leaves her apartment and goes to one of the elevators. Whichever one she takes is three times more likely to be going up than down. Why?

Asked by Neha on 04 Oct 2023

f you were running a race, and you passed the person in 2nd place, what place would you be in now?

Asked by Neha on 14 May 2021

The Federal bank of London is abducted by the robbers. The head of the robbers asked the cashier to empty their money vault to them and when suddenly cashier got a call from her father. To avoid any suspicion, the robber asked the cashier to pick the call and reply her father in the shortest manner possible.

The cashier told her father "Is there an emergency father, Call me when you are free and I will help you in your furnishing" and then the cashier hung up the phone.

After 10 minutes, police arrived at the crime scene.

How did the police know about the robbery?

Asked by Neha on 15 May 2021


A man who was outside in the rain without an umbrella or hat didn’t get a single hair on his head wet. Why?

Asked by Neha on 16 May 2022

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Artificial Intelligence has crushed all human records in the puzzle game “2048,” achieving a high score of 839,732 and beating the game in only 973 moves without using any undo.