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

If eleven plus two equals one, what does nine plus five equal?

Asked by Neha on 28 Mar 2022


John is pretty weird. He likes toffees but hates chocolates. He loves books but never reads. He likes to build his troops in an online game but does not proceed with the war. He likes to go swimming but is afraid of water.

Seeking this behaviour, can you tell whether he likes balloons and parties?

Asked by Neha on 05 May 2024

Find the missing number in the sequence below:

Find the missing number

Asked by Neha on 03 Sep 2021


I have Rs.50 and I spend it in the way as below.

Fund and Spends

Asked by Neha on 01 Oct 2023

A pregnant woman is preparing to name her seventh child. Her children's names so far are Dominique, Regis, Michelle, Fawn, Sophie, and Lara. What will she name her next child -- Jessica, Katie, Abby or Tilly?

Asked by Neha on 29 Mar 2023

As shown in the image, the nine Dogs are square fenced. By constructing just two square fences can you make sure that two Dogs cannot meet each other without crossing the fence?

Fence the Fencing

Asked by Neha on 09 Mar 2021


A mathematician couple was having a Frappuccino in Starbucks sitting opposite to each other. Suddenly the guy noticed the text written on the paper in front of them and exclaimed that it was wrong. The girl denied it and said it is appropriate. Both are correct. What is written on the paper?

Asked by Neha on 11 Jul 2023

A Man gave one of his sons 10 cents and another son was given 15 cents. What time is it?
Hint: Figure out the relation between time and number, is not so easy..:)

Asked by Neha on 02 Nov 2023

How many times in a given day, minutes and hour clock comes in a straight line ?

Asked by Neha on 03 Mar 2023


You are a prisoner sentenced to death. The Emperor offers you a chance to live by playing a simple game. He gives you 50 black marbles, 50 white marbles, and 2 empty bowls. He then says, 'Divide these 100 marbles into these 2 bowls. You can divide them any way you like as long as you use all the marbles. Then I will blindfold you and mix the bowls around. You then can choose one bowl and remove ONE marble. If the marble is WHITE you will live, but if the marble is BLACK... you will die.'

How do you divide the marbles up so that you have the greatest probability of choosing a WHITE marble?

Asked by Neha on 14 Jun 2023

Hot Articles

Amazing Facts

Crossword puzzles

In the 1920s, people feared that crossword puzzles would contribute to illiteracy.