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

What are the next two letters in the following series and why?
W A T N T L I T F S _ _

*Hint: Check Puzzle Title

Asked by Neha on 12 May 2023


A game is being played where eight players can last for thirty-five minutes. Six substitutes alternate with each player in this game. Thus, all players are on the pitch for the same amount of time including the substitutes.

For how long is each player on the pitch?

Asked by Neha on 29 Aug 2023

Sweet & very intelligent katty has 8 puppets(Jane Bird Barbie Angel Colleen Nora Lass Missy).
All puppets are of different size. She arrange all puppets to face towards the guest and tell the guess the following clues :

* Jane has three puppets bigger on its left side
* Bird has two puppets smaller on its left side
* Barbie has one puppet bigger on its right side
* Angel has two puppets smaller on its right side
* Colleen has one puppet bigger on its left side
* Nora has one puppet smaller on its left side
* Lass has four puppets bigger on its right side
* Missy has three puppets smaller on its right side

Also some puppets are inside the bigger puppets.

Assuming you are the guest , can you tell the katty how the puppets are arranged ?

Asked by Neha on 25 Apr 2023


At a bar, three friends, Mr Green, Mr Red and Mr Blue, were having a drink. One man was wearing a red suit; one a green suit; and the other a blue suit. 'Have you noticed,' said the man in the blue suit, 'that although our suits have colours corresponding to our names, not one of us is wearing a suit that matches our own names?' Mr Red looked at the other two and said, 'You're absolutely correct. What colour suit is each man wearing?

Asked by Neha on 03 Dec 2023

I always drive my customer away.

Who am I?

Asked by Neha on 29 Oct 2024

I inserted a coin in a bottle and closed its mouth with the help of a cork. Now, I was able to take the coin out from the bottle without taking out the cork or breaking the bottle. Can you tell me how I did it?

Asked by Neha on 30 Jan 2024


How many Watermelons are there in the below picture?

How many Watermelons?

Asked by Neha on 13 Apr 2025

Replace the question mark with the correct number.

Replace the question mark

Asked by Neha on 09 May 2023

What number does the below three word/phrase identify and why?
1. Deck
2. Year
3. Singing in the Rain

Asked by Neha on 21 Feb 2024


A man who was outside in the rain without an umbrella or hat didn’t get a single hair on his head wet. Why?

Asked by Neha on 16 May 2022

Hot Articles

Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.