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

How many times can you subtract the number 5 from 25?

Asked by Neha on 05 Oct 2021


There is an ancient kingdom where every married woman keeps information regarding the fidelity of other men. However, what they don't know is the fidelity of their own husbands. Also, there is an ancient belief that they don't tell each other about the fidelity of their husbands.

On a certain day, the queen of the kingdom declares that she has identified at least one unfaithful man in the kingdom. She allows the wives to identify and gives them authority to kill their husbands if they are unfaithful at midnight.

How will the wives manage it?

Asked by Neha on 03 Oct 2023

How many times in a given day, minutes and hour clock comes in a straight line ?

Asked by Neha on 03 Mar 2023


When we see 2 but call 10?

Asked by Neha on 14 Oct 2023

Solve the puzzle by telling what does below picture means.

Solve by Name Puzzle

Asked by Neha on 28 Nov 2025

I have holes on the top and bottom. I have holes on my left and on my right. And I have holes in the middle, yet I still hold water. What am I?

Asked by Neha on 17 May 2021


Count the number of triangles in the picture below:

Counting You Should Know

Asked by Neha on 16 Jul 2024

Find the hidden panda in the image below.

Find The Panda

Asked by Neha on 13 Jun 2024

In the figure, you can see nine stars. What you have to do is connect all of them by using just four line and without lifting your hand i.e. in a continuous flow.

Connect the Stars

Asked by Neha on 17 May 2021


Bobby and Wilbur decided to take their respective car out of the garage and race. None of them cheated and they both stood at the start time and decided to cover a distance in full throttle. The first to reach the mark was to be declared the winner.

Upon reaching the finishing mark, they found out that Bobby's car was 1.2 times faster than Wilbur's. Now, Wilbur had reached the mark about 1 minute and 30 seconds later than Bobby. Bobby's car reached the mark of 60 MPH on average.

Can you calculate the distance between the starting mark and the final mark with the help of the given data?

Asked by Neha on 08 Mar 2026

Hot Articles

Amazing Facts

Artificial Intelligence

Artificial Intelligence has crushed all human records in the puzzle game “2048,” achieving a high score of 839,732 and beating the game in only 973 moves without using any undo.