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

You order chicken wings at KFC in the boxes of 6, 9 and 20. What is the largest number of wings that you cannot obtain by buying in any combination of the boxes?

Asked by Neha on 10 Jul 2021


My cousin lives in one story house in Antarctica. His house is made the of-of sandstone. what is the color of stairs?

Asked by Neha on 27 Feb 2021

How many Watermelons are there in the below picture?

How many Watermelons?

Asked by Neha on 13 Apr 2025


Can you find a seven digit number which describes itself. The first digit is the number of zeros in the number. The second digit is the number of ones in the number, etc. For example, in the number 21200, there are 2 zeros, 1 one, 2 twos, 0 threes and 0 fours.

Asked by Neha on 23 Jul 2021

Every words stands for unique digit that makes the arithmetic equation true

SEVEN + SEVEN + SIX = TWENTY.

What are the digits ?

Asked by Neha on 31 Jan 2021

Can you identify the famous TV character from the rebus below?

Uncover TV character

Asked by Neha on 22 Nov 2023


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

Asked by Neha on 12 Dec 2023

The doctor prescribed you to take one pill from the bottle every half an hour. The bottle is now left with only three pills.

How long do you think you have before you run out of pills?

Asked by Neha on 21 Dec 2024

Replace the 'X' with any mathematical symbol to make the expression equal to 111.

18 X 12 X 2 X 3 = 111

Asked by Neha on 27 Jul 2024


There are three boxes on a table. One of the box contains Gold and the other two are empty. A printed message contains in each box. One of the message is true and the other two are lies.

The first box says "The Gold is not here".

The Second box says "The Gold is not here".

The Third box says "The Gold is in the Second box".

Which box has the Gold?

Asked by Neha on 07 Feb 2021

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.