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

'Ferrari driver' easily beats the 'force driver' in a two-car race. How did Indian newspapers truthfully report so to look as a 'force drive' had outdone the 'Ferrari driver'? Think!!!

Asked by Neha on 22 Nov 2024


A man is walking down a road with a basket of eggs. As he
is walking he meets someone who buys one-half of his eggs
plus one-half of an egg.
He walks a little further and meets another person who buys
one-half of his eggs plus one-half of an egg.
After proceeding further he meets another person who buys
one-half of his eggs plus one half an egg. At this point, he
has sold all of his eggs, and he never broke an egg.
How many eggs did the man have to start with?

Asked by Neha on 06 Dec 2023

A person was found dead on a big green land with no trees or buildings around. When the police arrived, they found a piece of rock lying next to him and the man was wearing clothes comprising of red, blue and yellow colours.

Can you tell who the person is and what was the cause of death?

Asked by Neha on 03 May 2024


What is the riddle which can be asked all day with a different correct answer each time.

Always New Answer

Asked by Neha on 22 Mar 2021

There was a minor accident with a doctor's son but the doctor noticed no major injury. After the treatment, the father of that doctors son is sitting with the son of the doctor without the doctor being in the room.

How can this be possible?

Asked by Neha on 02 Feb 2025

For an extra income, John decided to work at a Hotel for one hour daily. The manager offers him that they will pay him $11 after every 11 days.
However, John offered a different proposition to the manager. The offers stand as:
He will be paid just a penny on his first day.
Two pence will be paid on the second day,
Four pence will be paid on the third day.
And so on till the 11th day.

Should the Hotel manager accept his offer?

Asked by Neha on 30 Nov 2025


Decode this picture on T-Shirt and tell what it says ?

Learn Decoding

Asked by Neha on 11 Mar 2021

Today, I celebrated my 32nd birthday but I was born in 1972.
How is this possible?

Asked by Neha on 01 May 2025

If you read clockwise, you can form a word by inserting three missing letters in the picture given below. Can you do it?

English Clockwise

Asked by Neha on 10 Sep 2023


John is selling fruits.
He sells grapes at $30, Dates $25, and a Wolfberry $45.
At what price does he sell fig?

PS: Logical Thinking

Asked by Neha on 01 Jul 2023

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.