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 Riddles

Below, you will find the mathematical proof that 10 equals 9.99999?. But is that possible or there is something wrong about it? Can you find the error?

x = 9.999999...
10x = 99.999999...
10x - x = 90
9x = 90
x = 10

Asked by Neha on 27 Aug 2021


There are people and strange monkeys on this island, and you can not tell who is who (Edit: until you understand what they said - see below). They speak either only the truth or only lies.
Who are the following two guys?
A: B is a lying monkey. I am human.
B: A is telling the truth.

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I have thought of a number that is made up by using all the ten digits just once. Here are a few clues for you to guess my number:

First digits is divisible by 1.
First two digits are divisible by 2.
First three digits are divisible by 3.
First four digits are divisible by 4.
First five digits are divisible by 5.
First six digits are divisible by 6.
First seven digits are divisible by 7.
First eight digits are divisible by 8.
First nine digits are divisible by 9.
The number is divisible by 10.

Can you find out the number ?

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In the Thar desert, 3 men found a big 24L Jar is full of water. Since there is a shortage of water so they decided to distribute the water among themselves such that they all have equal amounts of it. But they only have a 13L, a 5L and an 11-litre Jar.

How do they do it?

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John went to a parrot shop in Mexico, and the parrot owner told him that his parrot is so unique that he repeats everything he hears. John got excited and immediately bought the parrot. John went home and spoke many words, but the parrot does not repeat anything.
He went again to the parrot shop and complaint to the shopkeeper, but the shopkeeper never lied. Explain?

Asked by Neha on 19 Oct 2024

During an interview, the interviewer ordered hot coffee for the candidate to relieve the stress. The coffee was kept before him. After a minute, the interviewer asked him, 'What is before you?' He replied 'Tea'.

The candidate was selected immediately. Why?

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What does this say?

XLR8

What does this say, Riddle

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After teaching his class all about Roman numerals (X = 10, IX=9 and so on) the teacher asked his class to draw a single continuous line and turn IX into 6. The teacher's only stipulation was that the pen could not be lifted from the paper until the line was complete.

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2 ladies and 2 girls need to cross a river in a boat big enough for 1 LADY or 2 girls. How do they do it?

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John was gifted a new Hayabusa. He drove x miles at 55mph. Then he drove x+20 miles at 40mps. He drove his bike for 100 minutes. How much distance did he travel?

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There is a cryptic organization called Cicada 3301 that posts challenging puzzles online, possibly to recruit codebreakers and linguists.