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

To tease, King Akbar told his most clever advisor Birbal to give his daughter one thing that she can eat when hungry, drink if she feels thirsty and can burn if she feels cold. King Akbar was shocked when Birbal gave Akbar's daughter one such thing that satisfies all of the above.

What did Birbal give to Akbar's daughter?

Asked by Neha on 28 Jan 2023


John is on an island and there are three crates of fruit that have washed up in front of him. One crate contains only apples. One crate contains only oranges. The other crate contains both apples and oranges.

Each crate is labelled. One reads 'apples', one reads 'oranges', and one reads 'apples and oranges'. He know that NONE of the crates have been labeled correctly - they are all wrong.

If he can only take out and look at just one of the pieces of fruit from just one of the crates, how can he label all of the crates correctly?

Asked by Neha on 07 Jan 2024

A certain street contains 100 buildings. They are numbered from 1 to 100. How many 9's are used in these numbers?

Asked by Neha on 29 Mar 2024


I taste better than I can smell. Who am I?

Asked by Neha on 30 Dec 2023

In a university, a professor gave a set of three problems to the three brilliant students of his class. See the image for the questions.

Brilliant students Riddle

Asked by Neha on 02 Jul 2026

A man fell off a smuggling boat into deep water. He could not swim and he was not wearing anything to keep him afloat. It took 30 minutes for the people on the boat to realize someone was missing. The missing man was rescued two hours later on the return trip. Why didn't he drown? Note:- He didn't know swimming, the sea was deep, and He wasn't holding anything

Asked by Neha on 30 Aug 2024


I have thought of a number that is made up by using all the ten digits just once. Here are a few clues for you to guess my number:

First digits is divisible by 1.
First two digits are divisible by 2.
First three digits are divisible by 3.
First four digits are divisible by 4.
First five digits are divisible by 5.
First six digits are divisible by 6.
First seven digits are divisible by 7.
First eight digits are divisible by 8.
First nine digits are divisible by 9.
The number is divisible by 10.

Can you find out the number ?

Asked by Neha on 12 Mar 2023

A man embarked on a questionnaire game. He kept asking the same question to whomever he found. The answer each time was different.

Can you guess what the question was?

Asked by Neha on 22 Apr 2023

Can you name three consecutive days without using the words Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, or Sunday?

Asked by Neha on 24 Jan 2023


If in a car race, the man who came two places in front of the last man finished one ahead of the man who came fifth, how many contestants were there?

Asked by Neha on 03 Feb 2023

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.