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

Can you find out what is missing?

1 3 5
2 4 ?

Hint: It's not six. Think out of the box.

Asked by Neha on 25 Aug 2023


Find the next number in the series

12, 20, 40, 72, 116, 172 ?

Asked by Neha on 19 Oct 2025

You and your two friends are working in a multinational company. How can you three find out the average salary of you all without disclosing your own salary to the other two?

Asked by Neha on 26 Nov 2025


A maths symbol is hidden in the below Bar Graph. Can you decipher it?

Maths Symbol Graph

Asked by Neha on 27 Mar 2021

Find The Missing Number In the Sequence.
6 25 64 ? 32 1

Asked by Neha on 07 Nov 2024

A man hijacks an aeroplane transporting both passengers(8 of them) and valuable cargo. After taking the cargo, the man demands nine parachutes, puts one of them on, and jumps, leaving the other eight behind. Why did he want eight?

Aeroplane Hijack Riddle

Asked by Neha on 02 Apr 2021


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

There are five men, let's say Tarun Harish Lavesh, Manoj, and Manish. All of them have a dot mark on their forehead. They can't see the dots on their forehead but can see the ones on others. The owner of WHITE Dot is an honest person and will never lie, while the owner of BLACK Dot always tells the lie.

This is the statement from Tarun Harish Lavesh and Manish:
Tarun: 'I see 3 whites and 1 black'
Harish: 'I see 4 black'
Lavesh: 'I see 3 black and 1 white'
Manish: 'I see 4 white'

What colour is the dot on each of Tarun Harish Lavesh, Manoj, and Manish's forehead?

Asked by Neha on 09 May 2026

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


A worker is to perform work for you for seven straight days. In return for his work, you will pay him 1/7th of a bar of gold per day. The worker requires a daily payment of 1/7th of the bar of gold. What and where are the fewest number of cuts to the bar of gold that will allow you to pay him 1/7th each day?

Asked by Neha on 05 Mar 2024

Hot Articles

Amazing Facts

Jigsaw puzzles

Jigsaw puzzles soared in popularity during the great depression, as they provided a cheap, long-lasting, recyclable form of entertainment.