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

A mother is 21 years older than her child. In exactly 6 years from now, the mother will be exactly 5 times as old as the child.
Where's the father?

Asked by Neha on 26 Jun 2021


John asked Jack, "The time right now is 7 pm. Can you tell me what will be the time 23, 999, 995 hours later ?"

While Bella does not know the answer, do you ?

Asked by Neha on 22 Jun 2021

what does this picture(rebus) riddle means ?

Laugh together

Asked by Neha on 08 Apr 2021


A 52% bias toss for head using the 51% tail bias coin was done to obtain a fair result.

Can you find how bias is the floor in this case?

Asked by Neha on 15 Feb 2023

The Federal bank of London is abducted by the robbers. The head of the robbers asked the cashier to empty their money vault to them and when suddenly cashier got a call from her father. To avoid any suspicion, the robber asked the cashier to pick the call and reply her father in the shortest manner possible.

The cashier told her father "Is there an emergency father, Call me when you are free and I will help you in your furnishing" and then the cashier hung up the phone.

After 10 minutes, police arrived at the crime scene.

How did the police know about the robbery?

Asked by Neha on 15 May 2021

In a chess board, the queen piece can move horizontally, vertically and diagonally freely. The picture represents the same.Can you place 8 queens on the board in a manner that none of the queens can attack each other?

Chess Board Puzzle

Asked by Neha on 10 Oct 2025


Rearrange the letters in "new door" to make one word.

Asked by Neha on 12 Dec 2023

Can you find the missing piece of the Porsche?

Find the missing part

Asked by Neha on 23 Jun 2023

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?

Asked by Neha on 22 Dec 2024


Find the last number in the series below:

voN luJ yaM raM ---

Asked by Neha on 05 Jun 2023

Hot Articles

Amazing Facts

Gambling

In Canada, a mathematical puzzle must be solved in order to win the lottery to classify it as a “game of skill” not gambling.