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

It's a protector.
It sits on a bridge.
One individual can see directly through it, while others wonder what it hides.

What is it?

Asked by Neha on 21 Sep 2023


There’s a girl who has a large family. She has an equal amount of brothers and sisters, but each brother only has half as many brothers and sisters. What’s the correct amount of brothers and sisters?

Asked by Neha on 05 Jun 2025

Can you solve this amazing hard number series problem?
7, 8, 10, 12, 16, 18 ?

Asked by Neha on 18 Apr 2024


A guy in his thirties is found dead in a forest. The shocking thing about the body is that he is wearing his swimming trunks snorkel and a facemask.

For your information, the nearest lake is some 10 miles away and the sea is hundreds of miles away.

How did he die then?

Asked by Neha on 15 Oct 2025

Can you make the below equation true by using any three numbers from "1, 3, 5, 7, 9, 11, 13 and 15"?

( ) + ( ) + ( ) = 30

Asked by Neha on 18 Dec 2025

A bridge is about to collapse. There are four people P, Q, R and S on one of the sides. Before the bridge collapses, they want to cross it. Now since the bridge is too weak, it can only stand the weight of two people at a time. Also, it is night time and nothing is visible. They have just one torch with them.

Now P takes one minute to cross the bridge, Q takes two minutes to cross, R takes five minutes to cross and S takes ten minutes to cross.

The bridge will collapse in seventeen minutes. How will they be able to cross the bridge before it collapses?

Asked by Neha on 01 Apr 2024


A tree doubled in height each year until it reached its maximum height over the course of ten years. How many years did it take for the tree to reach half its maximum height?

Asked by Neha on 07 Aug 2025

I am an odd number. Take away a letter and I become even. What number am I?

Asked by Neha on 25 Feb 2022

I have branches, but no fruit, trunk or leaves. What am I?

Asked by Neha on 18 May 2022


O_er_t_o_

Complete the missing letters of the given word.

Asked by Neha on 22 Feb 2022

Hot Articles

Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.