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

You along with your friend are standing in front of two houses. Each of those houses inhabits a family with two children.

Your friend tells you the below two facts:
1) On your left is a family that has a boy who likes accounts but the other child loves science.
2) On the right is a family with a seven-year-old boy and a newborn baby.

You ask him, "Does either of the family have a girl?"

To this, he replies, "I am not quite sure. But can you guess that? If you are right, I will give you $500."

Which family do you think is likely to have a girl?

Asked by Neha on 30 Nov 2024


Which letter of the alphabet has the most water?

Asked by Neha on 03 Aug 2025

12345 a famous South Indian actor
567 is a path in jumbled form
8 & 10 are same letters
9 is one among the first six alphabets.
WHO AM I?

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Find the last number in the series below:

voN luJ yaM raM ---

Asked by Neha on 05 Jun 2023

A professor thinks of two consecutive numbers between 1 and 10.
'A' knows the 1st number and 'B' knows the second number

A: I do not know your number.
B: Nor do I know your number.
A: Now I know.

What are the four solutions for this?

Asked by Neha on 22 Jul 2024

A dying old man wants to divide his entire land between his only two sons. Since his only wish is to treat them as equal as both of them have been too good to him, he wants to divide his land equally between them. The problem is that the land is significantly irregular in shape and thus there is no choice of cutting them into two equal halves.

Can you help him divide the land in a manner that both of his sons will be happy?

Asked by Neha on 20 Jun 2023


Three people check into a hotel. They pay $60 for the rent of the room. After they check-in, the manager realize that the rent for the room is $55. So, he gives $5 to the bellboy and asks him to give it to them. The bellboy thinks that it will be difficult for the three people to share $5 among them and seeking the personal benefit, he pockets $2 and gives the remaining $3 to them.

Now, each person paid $20 and got back $1. In this manner, each of them paid just $19 which totals to the amount of $57. The bellboy has $2 with him and adding them, we get $59. So where is the remaining $1?

Asked by Neha on 02 Aug 2023

How many minutes are there in Feb 2017?

Note: The shortest answer is the correct answer.

Asked by Neha on 08 Aug 2024

Two prisoners Jack and Jill are locked in a cell.
There is open window approx 40 feet above the ground of the cell.
They are never able to reach there.

Then they plan to escape by a tunnel and they start digging out.
After digging for more than 20 days, Jill comes with the different plan and they escaped.

what was the plan ?

Asked by Neha on 10 Aug 2021


John was writing his first book. After saving the document, he locked his laptop with a password and mentioned some phrases for the hint box.

A friend of his tried opening his laptop but found out that it was password protected. Following is the hint that appeared.
1 mobile 3 books 2 roars 1 night 4 balls 2 lighters 1 ghost 1 hat 3 watches.

Can you help him in cracking the password?

Asked by Neha on 05 Sep 2023

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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