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

The king of Octopuses has servants who have six, seven or eight legs. The distinguishing characteristics of the servants is that the one with seven legs always lie but the one with either six or eight legs speak the truth always.

One day, four servants meet and converse:

The black one says, 'We have 28 legs altogether.'

The green one says, 'We have 27 legs altogether.'

The yellow one says, 'We have 26 legs altogether.'

The red one says, 'We have 25 legs altogether.'


Can you identify the colour of the servant who is speaking the truth?

Servants with multiple legs

Asked by Neha on 09 Apr 2021


Assume the given figure to be a delicious doughnut. Yes, now you can concentrate more on the puzzle. So you have this delicious doughnut in your refrigerator when your friends come knocking at the door. There are eight of them. Now you have to make three cuts in this doughnut so that each one of you nine people can enjoy a piece of it. Neither you nor your friends would mind the size of their piece as long as they are getting it. How will you do it?

Doughnut Distribution

Asked by Neha on 10 May 2024

Can you complete the sequence puzzle?

AR TA GE CA LE VI LI _

Asked by Neha on 02 May 2025


Can you find out the next digit in the following series ?

0, 0, 1, 3, 2, 6, 3, 9, 4, 12, 5, ?

Asked by Neha on 22 Jan 2021

100 prisoners are stuck in the prison in solitary cells. The warden of the prison got bored one day and offered them a challenge. He will put one prisoner per day, selected at random (a prisoner can be selected more than once), into a special room with a light bulb and a switch which controls the bulb. No other prisoners can see or control the light bulb. The prisoner in the special room can either turn on the bulb, turn off the bulb or do nothing. On any day, the prisoners can stop this process and say "Every prisoner has been in the special room at least once". If that happens to be true, all the prisoners will be set free. If it is false, then all the prisoners will be executed. The prisoners are given some time to discuss and figure out a solution. How do they ensure they all go free?

Asked by Neha on 20 Apr 2022

Given that

(78)^9 = 6
And (69)^4 = 11

Can you find out

(99)^2 =?

(Note: This is Logical, not Mathematical)

Asked by Neha on 19 Apr 2024


If you remove one from eleven, it becomes ten. If you remove one from nine, it becomes ten.

How is this possible?

Asked by Neha on 25 Sep 2023

On a bright sunny day, two fathers took their son fishing in the lake. Each man and son were able to catch one fish. When they returned to their camp, there were only three fishes in the basket. What happened?

PS: None of the fish were eaten, lost, or thrown back.

Asked by Neha on 05 Mar 2023

Can you replace the question mark with the correct letter?

6 + 6 + 6 = N
7 + 7 + 7 = E
8 + 8 + 8 = R
0 + 0 + 0 = ?

Asked by Neha on 08 Jul 2024


John is 45 years older than his son Jacob. If you find similarities between their ages, both of their ages contain prime numbers as the digits. Also, John's age is the reverse of Jacob's age.

Can you find their ages?

Asked by Neha on 11 Sep 2024

Hot Articles

Amazing Facts

Gamers

In 2011, people playing Foldit, an online puzzle game about protein folding, resolved the structure of an enzyme that causes an Aids-like disease in monkeys. Researchers had been working on the problem for 13 years. The gamers solved it in three weeks.