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

Find a 9-digit number, which you will gradually round off starting with units, then tenth, hundred etc., until you get to the last numeral, which you do not round off. The rounding alternates (up, down, up ...). After rounding off 8 times, the final number is 500000000. The original number is commensurable by 6 and 7, all the numbers from 1 to 9 are used, and after rounding four times the sum of the not-rounded numerals equals 24.

Asked by Neha on 05 Dec 2024


Eight of us go fourth, not back, to protect our king from an attack. What are we?

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The warden meets with 23 new prisoners when they arrive. He tells them, "You may meet today and plan a strategy. But after today, you will be in isolated cells and will have no communication with one another.

"In the prison is a switch room, which contains two light switches labeled 1 and 2, each of which can be in either up or the down position. I am not telling you their present positions. The switches are not connected to anything.

"After today, from time to time whenever I feel so inclined, I will select one prisoner at random and escort him to the switch room. This prisoner will select one of the two switches and reverse its position. He must flip one switch when he visits the switch room, and may only flip one of the switches. Then he'll be led back to his cell.

"No one else will be allowed to alter the switches until I lead the next prisoner into the switch room. I'm going to choose prisoners at random. I may choose the same guy three times in a row, or I may jump around and come back. I will not touch the switches, if I wanted you dead you would already be dead.

"Given enough time, everyone will eventually visit the switch room the same number of times as everyone else. At any time, anyone may declare to me, 'We have all visited the switch room.'

"If it is true, then you will all be set free. If it is false, and somebody has not yet visited the switch room, you will all die horribly. You will be carefully monitored, and any attempt to break any of these rules will result in instant death to all of you"

What is the strategy they come up with so that they can be free?

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My friends called me Iron59 because my parents are a chemist and a mathematician. What is my real name?

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How can a man go eight days without sleep?

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John bought 150 chocolates but he misplaced some of them. His Father asked him how many chocolates were misplaced.
He gave the following answer to him:
If you count in pairs, one remains
If you count in threes, two remain
If you count in fours, three remain
If you count in fives, four remain
If you count in sixes, five remain
If you count in sevens, no chocolate remains.

Can you analyze the statements and tell us how many chocolates were lost?

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Identify the hidden meaning behind this picture?

Picture Riddle

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A Japanese ship was en route to a mission on foreign seas. The captain of the ship felt tired and thought of taking a bath. He went for taking the shower and removed his diamond ring and Rolex and kept them on the table. When he returned after taking the bath, he found that the ring and watch were stolen.

He called the five members of the crew whom he suspected and asked them what they were doing for the last 15 minutes.

The Italian cook (with a butcher knife in hand): I was in the fridge room getting meat for cooking.

The British Engineer (with a high beam torch in hand): I was working on a generator engine.

The Pakistani seaman: I was on the mast correcting the flag which was upside down by mistake.

The Indian Radio officer: I was trying to make a contact with the company to inform them about our position.

The American navigation officer: I am on night watch, so I was sleeping in my cabin.

Upon listening to them, the captain caught the lying member. Who do you think stole the valuables?

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What is 3/7 chicken, 2/3 cat and 2/4 goat?

Asked by Neha on 20 Mar 2025


It is a nine-letter word.
The exact opposite of the phrase "friendly and outgoing"
It contains the word "over".
It starts will a vowel.

What is it?

Asked by Neha on 25 Mar 2025

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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.