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

I am thinking of a five-digit number such that:
The first and last digits are the same, their submission is an even number and multiplication is an odd number and is equal to the fourth number. Subtract five from it and we obtain the second number. Then divide into exact halves and we get the 3rd number.

What number I am thinking of?

Asked by Neha on 16 Nov 2024


Before Mount Everest was discovered, what was the highest mountain in the world?

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Let's play a word game. Following are some meaningless words that can be completed by adding random letters on either side of the word.

For example, the word "rdo" can be formed into "pardon".

Using the same technique, can you complete the given words?
ecalc
airb
rinci
tibac
uidel
gorit
igna
eyho

Asked by Neha on 17 Feb 2025


I had an infinite supply of water and 5 litres and 3 litres jars.

How would you measure exactly 4 litres in the least number of steps?

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How high do you have to count before you use the letter “a” in the English spelling of the whole number?

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Kohli and Dhoni decided to have a paintball match.
Kohli told Dhoni, "Sir it is not right as you got thrice the paintballs I have".

Dhoni instantly gives Kohli 10 hit paintballs.
Kohli replied, "Sir, I believe you still have twice the paintballs than I have".

Dhoni gives "?" more paintballs to Kohli.
Kohli replied, "Sir it is even now, Let us have a match".

What is "?".

Asked by Neha on 02 Mar 2026


A very interesting trivia question for all.

Why do men's shirts have their buttons on the right side and women's have buttons on the left-hand side?

Asked by Neha on 04 Nov 2023

A man is sitting in a pub feeling rather poor. He sees that the man next to him is extremely rich. He turns to the rich man and says to him, 'I have an amazing talent; I know almost every song that has ever existed.'
The rich man laughs.
The poor man says, 'I am willing to bet you all the money you have in your wallet that I can sing a genuine song with a lady's name of your choice in it.'
The rich man laughs again and says, 'OK, how about my daughter's name, Joanna Armstrong-Miller?'
The rich man goes home poor. The poor man goes home rich.

What song did he sing? A man is sitting in a pub feeling rather poor. He sees the man next to him pull a wad of £50 notes out of his wallet. He turns to the rich man and says to him, 'I have an amazing talent; I know almost every song that has ever existed.' The rich man laughs. The poor man says, 'I am willing to bet you all the money you have in your wallet that I can sing a genuine song with a lady's name of your choice in it.' The rich man laughs again and says, 'OK, how about my daughter's name, Joanna Armstrong-Miller?' The rich man goes home poor. The poor man goes home rich. What song did he sing?

Asked by Neha on 01 Feb 2026

A chess tournament is taking place on knock-out terms (the one who loses the match is out of the game).
(a) If 10 matches are played in total, how many players participated?
(b) If 20 players took part in the tournament, how many matches were played?

Asked by Neha on 10 Feb 2025


Take number 1000 and then add 20 to it.
Now add 1000 one more time.
Now add 30.
Now add 1000 one more time.
Now add 40.
Now add 1000 one more time.
Now add 10.

What is the total?

Asked by Neha on 18 Jan 2024

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Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.