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 Logic Riddles

Mr Black, Mr Gray, and Mr White are fighting in a truel. They each get a gun and take turns shooting at each other until only one person is left. Mr Black, who hits his shot 1/3 of the time, gets to shoot first. Mr Gray, who hits his shot 2/3 of the time, gets to shoot next, assuming he is still alive. Mr White, who hits his shot all the time, shoots next, assuming he is also alive. The cycle repeats. If you are Mr Black, where should you shoot first for the highest chance of survival?

Asked by Neha on 18 Feb 2025


Find the last number in the series below:

voN luJ yaM raM ---

Asked by Neha on 05 Jun 2023

John is a strange liar.

He lies on six days of the week, but on the seventh day, he always tells the truth.

He made the following statements on three successive days:

Day 1: "I lie on Monday and Tuesday."
Day 2: "Today, it"s Thursday, Saturday, or Sunday."
Day 3: "I lie on Wednesday and Friday."

On which day does John tell the truth?

Asked by Neha on 27 Feb 2025


There are two arch enemies Messi and Ronaldo who hate each other to an extreme. One day both were going together and a Jeanie appeared in front of them. Jeanie grants 3 wishes to Ronaldo and one to Messi.

Messi replied smartly 'Give me twice whatever Ronaldo demands'.

Ronaldo asked his 1st wish 'Give me 10000 billion dollars. Soon Messi gets 2000 billion dollars.
Ronaldo asked for his 2nd wish 'Give me one mansion in every country in the world. Soon Messi gets two mansions in every country of the world?

What should be Ronaldo's third wish?

Asked by Neha on 02 Mar 2024

There are five people. One of them shot and killed one of the other five.
We know following clues:
1. Dan ran in the NY City Marathon yesterday with one of the innocent men.
2. Mike consider being a farmer before he moved to the city.
3. Jeff is a top notch computer consultant and wants to install Ben new computer next week.
4. The murderer had his leg amputated last month.
5. Ben met Jack for the first time six months ago.
6. Jack has been in seclusion since the crime.
7. Dan used to drink heavily.
8. Ben and Jeff built their last computers together.
9. The murderer is Jack's brother. They grew up together in Seattle.

Consider yourself to be a famous detective "Sherlock Homles", Can you find the killer?

Asked by Neha on 10 Dec 2024

A man lives on the fifteenth floor of an apartment building. Every morning he takes the elevator down to the lobby and leaves the building. In the evening, he gets into the elevator, and, if there is someone else in the elevator, or if it was raining that day, he goes back to his floor directly. Otherwise, he goes to the tenth floor and walks up five flights of stairs to his apartment. Can you explain why he does this?

Asked by Neha on 09 Apr 2024


Can you find out which options fits best with the missing column?

Fit the Blocks

Asked by Neha on 28 Dec 2020

Find the missing number in the sequence below:

Find the missing number

Asked by Neha on 03 Sep 2021

Can you find out a way through which you can make five squares out of the given figure by moving just six match sticks?

Matchstick Game

Asked by Neha on 01 Apr 2025


A number with an interesting property:

When I divide it by 2, the remainder is 1.
When I divide it by 3, the remainder is 2.
When I divide it by 4, the remainder is 3.
When I divide it by 5, the remainder is 4.
When I divide it by 6, the remainder is 5.
When I divide it by 7, the remainder is 6.
When I divide it by 8, the remainder is 7.
When I divide it by 9, the remainder is 8.
When I divide it by 10, the remainder is 9.

It's not a small number, but it's not really big, either.
When I looked for a smaller number with this property I couldn't find one.

Can you find it?

Asked by Neha on 21 Nov 2024

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