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 visit a home for specially-abled children on the occasion of Christmas where you meet with 50 children. You have a box of chocolates containing 50 chocolates exactly.

What if you were asked to one chocolate to each child in a manner that one chocolate still remains in the box? Is it possible?

Asked by Neha on 28 Apr 2023


If all the below statements are true

1. Gianni was either in Italy or France in 1997.
2. If Gianni did not kill Versace, Hilton must have killed him.
3. If Versace died of suffocation, then either Gianni killed him or Versace committed suicide.
4. If Gianni was in Italy in 1997, then Gianni did not kill Versace.
5. Versace died of suffocation, but he did not kill himself.

Who killed Versace and where was Gianni in 1997?

Asked by Neha on 11 Jan 2024

In the city of Brain Teasers, 5% of people do not list their phone numbers. Now if we select random 100 people from the phone directory, then how many people selected will have unlisted phone numbers?

Asked by Neha on 30 Oct 2023


A newspaper is supposed to have 60 pages, but pages 24 and 41 are missing.
Which other pages won't be there?

Asked by Neha on 12 Apr 2024

10+10 and 11+11 can give you the same answer.

Explain how?

Asked by Neha on 07 Aug 2021

Why did Navjot Singh Sidhu put the new January calendar in the freezer

Asked by Neha on 01 Dec 2024


There is a circular car race track of 10km. There are two cars, Car A and Car B. And they are at the exact opposite end to each other. At Time T(0), Both cars move toward each other at a constant speed of 100 m/seconds. As we know both cars are at the same speed they will always be the exact opposite to each other.
Note, at the center, there is a bug which starts flying towards Car A at time T(0). When the bug reaches car B, it turns back and starts moving towards the car A. The speed of bug is 1m/second. After 5 hours all three stop moving.
What is the total distance covered by the bug?

Asked by Neha on 03 Aug 2023

What is the next number in this matchsticks series riddle?

Next Number In Matchstick Series

Asked by Neha on 27 Apr 2021

You have 1023 apples and 10 bags. You have to distribute these apples in these 10 bags in any way you choose. But when I ask for a certain number of apples you have to give them in terms of bags without transferring the apples from other bags. How do you distribute the apples?

Asked by Neha on 25 Jan 2021


Which Travels Faster? Solve below famous picture riddle:

Which Travels Faster

Asked by Neha on 11 Dec 2024

Hot Articles

Amazing Facts

No Solution

In 2007, a puzzle was released and $2 million prizes were offered for the first complete solution. The competition ended at noon on 31 December 2010, with no solution being found. Wiki