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

Can you find out which options fits best with the missing column?

Fit the Blocks

Asked by Neha on 28 Dec 2020


The below mentioned letters have been placed in a order using a logic.

DEAD, BALL, FEAR, SHOP

Can you find the logic?

Asked by Neha on 14 May 2021

A number with an interesting property:

When I divide it by 2, the remainder is 1.
When I divide it by 3, the remainder is 2.
When I divide it by 4, the remainder is 3.
When I divide it by 5, the remainder is 4.
When I divide it by 6, the remainder is 5.
When I divide it by 7, the remainder is 6.
When I divide it by 8, the remainder is 7.
When I divide it by 9, the remainder is 8.
When I divide it by 10, the remainder is 9.

It's not a small number, but it's not really big, either.
When I looked for a smaller number with this property I couldn't find one.

Can you find it?

Asked by Neha on 21 Nov 2024


What type of tree can I carry in my hand?

Asked by Neha on 04 Apr 2025

What building has the most stories?

Asked by Neha on 21 Feb 2022

Two girls were born to the same mother, on the same day, at the same time, in the same month and year and yet they're not twins. How can this be ?

Asked by Neha on 26 May 2021


Why Aeroplane windows are round?

Aeroplane Window Shape

Asked by Neha on 29 Jul 2023

John went to a parrot shop in Mexico, and the parrot owner told him that his parrot is so unique that he repeats everything he hears. John got excited and immediately bought the parrot. John went home and spoke many words, but the parrot does not repeat anything.
He went again to the parrot shop and complaint to the shopkeeper, but the shopkeeper never lied. Explain?

Asked by Neha on 19 Oct 2024

What is the next number in this series?

4,12,84,3612....

Asked by Neha on 18 Mar 2023


Find out a multi-digit number that if multiplied by the number 9 or any of its multiplications products (i.e. 18, 27, 36, 45,..) will result in the multiplication factor repeated (n) number of times.

Asked by Neha on 08 Jan 2021

Hot Articles

Amazing Facts

Jigsaw puzzles

Jigsaw puzzles soared in popularity during the great depression, as they provided a cheap, long-lasting, recyclable form of entertainment.