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

A man has to get a fox, a chicken, and a sack of corn across a river.

He has a rowboat, and it can only carry him and one other thing.
If the fox and the chicken are left together, the fox will eat the chicken.
If the chicken and the corn are left together, the chicken will eat the corn.

How does the man do it?

Asked by Neha on 04 May 2021


There is an English word that can be used up to four times in a row without modifying the spelling and form a valid grammatical sentence.

Do you know what word is that?

Asked by Neha on 18 Aug 2024

A spy was in Canada trying to steal insider information on how to set up new Maple Syrup factories in their country. He was introduced to the operations manager of the biggest factory in Canada. However, the manager was suspicious and decided to test him with a question before he trusted him. So he asked, “What would you be sure to find in the middle of Toronto?” The spy thought fast and came up with an answer for the manager. What was his answer?

Asked by Neha on 04 Jun 2025


Complete the series by replacing "?" with the correct number.

ST ND RD TH '?'

Asked by Neha on 14 Jan 2026

Replace the question mark with the correct number in the below-given picture?

Number Riddle

Asked by Neha on 08 Sep 2023

Before the start of the car race, John and Jacob have the same amount of fuel in their car. With this fuel, John can drive for 4 hours while Jacob can drive five hours.
After a time they realize that the amount of fuel left in John's car is 1/4th of the fuel in Jacob's.

For how long they are racing?

Asked by Neha on 30 Jan 2026


The following alphametic has only one solution. Can you find it?
ENLIST + SILENT + LISTEN = ANAGRAM

PS: You may start the number from 0.

Asked by Neha on 12 Jun 2023

Why is 6 afraid of 7?

Asked by Neha on 28 Oct 2024

A man was telling some of his war stories to his grandchildren.
"When the World War I was on the verge of end, I was awarded for my bravery for I had saved a group of my men." He coughed and then added, "When we were fighting in northern France, an enemy soldier threw a grenade at us. Before it could explode, I picked it up and threw it away. For my act of bravery, right before the war ended, A General gave me a sword engraved with the words "Awarded for Display of Bravery and Heroism in World War 1"."

Hearing this, one of the grandson spoke up. "Grandpa, this is not a true story. It can"t be true!"

The truth is that it was not. How did the grand children know it?

Asked by Neha on 22 Feb 2023


There is a river to cross using a river raft and there are eight people (father, mother, policeman, thief, 2 daughters and 2 sons). No one knows to operate the raft except the adults and also excluding the thief. Only two people can go in the raft at a time. The raft should keep coming back and forth in order to pick and drop the people.
Rules to be followed:
Father: the father cannot stay in the raft or outside the raft without the presence of the mother.
Mother: the mother cannot stay in the raft or outside the rat without the presence of the father.
Thief: the thief is not allowed to stay with any of the family members unless there is a policeman.
Policeman: the policeman can travel with anyone.
2 sons and 2 daughters: they are not allowed to travel in the raft without the presence of an adult. They cannot either travel in the presence of only thieves without the policeman. The sons cannot be with their mothers without their father's supervision. The daughters are not allowed to be there with their fathers without the supervision of their mothers. But the daughters and the sons can be left unsupervised (as long as the other rules are applied).
What is the sequence that the people should follow in order to cross the river through the raft keeping in mind all the rules?
The rules are applicable not only in the raft but also outside the raft.

Asked by Neha on 14 Aug 2023

Hot Articles

Amazing Facts

Gamers

In 2011, people playing Foldit, an online puzzle game about protein folding, resolved the structure of an enzyme that causes an Aids-like disease in monkeys. Researchers had been working on the problem for 13 years. The gamers solved it in three weeks.