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

During a secret mission, an agent gave the following code to the higher authorities
AIM DUE OAT TIE MOD

However, the information is in one word only and the rest are fake. To assist the authorities in understanding better, he also sent them a clue, If I tell you any one character of the code, you can easily find out the number of vowels in the codeword.

Can you find out the code word?

Asked by Neha on 19 Feb 2023


How is the moon similar to a dollar?

Asked by Neha on 26 Sep 2023

Tarang football website was hacked by one of the players. Jack, the coach of Tarang has pointed out five players as the possible hacker.
Each suspected player made three statements from each suspected player and out of which two are true and one is false.

Joseph
A) I have not hacked the website.
B) I know nothing about hacking.
C) John did it.

Hazard
A) I have not hacked the website.
B) The website was attacked by one of the players.
C) I hate Shelly

Remy
A) I have not hacked the website.
B) I have never seen Oscar in my entire life.
C) I am sure John did it.

John
A) I have not hacked the website.
B) I am sure Oscar did it.
C) Joseph was lying when he said he did it.

Oscar
A) I have not hacked the website.
B) I am sure Hazard did it.
C) I used to be friend with Remy.

So who hacked the website?

Asked by Neha on 27 Jun 2021


Can you find the missing piece of the Porsche?

Find the missing part

Asked by Neha on 23 Jun 2023

You along with your friend are standing in front of two houses. Each of those houses inhabits a family with two children.

Your friend tells you the below two facts:
1) On your left is a family that has a boy who likes accounts but the other child loves science.
2) On the right is a family with a seven-year-old boy and a newborn baby.

You ask him, "Does either of the family have a girl?"

To this, he replies, "I am not quite sure. But can you guess that? If you are right, I will give you $500."

Which family do you think is likely to have a girl?

Asked by Neha on 30 Nov 2024

What's the next in the series?

H, Be, F, S, Mn, Kr, In, Gd, Tl, ?

Asked by Neha on 17 Oct 2023


A Car is crossing a bridge 2 miles long. The bridge can only hold 10000 lbs, which is the exact weight of the car. The Car makes it half way across the bridge and stops. A bird lands on the car. Does the bridge collapse? Explain.

Asked by Neha on 31 May 2024

What's a single-digit number with no value?

Asked by Neha on 06 Aug 2025

A man was gazing through the window of the 23rd floor of the building. He suddenly opened the window and jumped on the other side of the window. On landing on the floor, there was not a sheer mark of injury on him.

How can that be possible if he did not use any kind of parachute and did not land on a soft surface?

Asked by Neha on 12 Feb 2025


Two brothers were watching a horror film on video late one night. One brother dozed off and dreamed that he was being chased by the crazy man from the movie, who was trying to kill him. In the dream, he hid in a cupboard. There was no sound except his heart pounding, and he had no idea where his crazed captor was. He was terrified! At that moment, the video finished, and his brother put his hand on the shoulder of his sleeping sibling to wake him. The shock at that tense moment was enough that the sleeping brother suffered a massive heart attack and died instantly. True or false?

Asked by Neha on 02 Jan 2026

Hot Articles

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.