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

In a secret society, a buried chamber can be accessed only via a secret password. The password is seven characters long and comprises of just letters and numbers.

You find a code that can help you in cracking the password. The code says "You force heaven to be empty".

Can you deduce the password from that?

Asked by Neha on 14 May 2021


Can you find the mistake in the below statement?

Can you find the mistake, Riddle

Asked by Neha on 10 Mar 2026

They are three errirs in this question. Can you find them?

Asked by Neha on 13 May 2025


A monk has a very specific ritual for climbing up the steps to the temple. First, he climbs up to the middle step and meditates for 1 minute. Then he climbs up 8 steps and faces east until he hears a bird singing. Then he walks down 12 steps and picks up a pebble. He takes one step up and tosses the pebble over his left shoulder. Now, he walks up the remaining steps three at a time which only takes him 9 paces. How many steps are there?

Asked by Neha on 16 Apr 2026

While sitting in the Car, John suddenly finds that one of the wheels was missing. John noticed that a killer is approaching towards him. John cannot get out of the car.

How will John escape?

Asked by Neha on 14 Jan 2021

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


What is the last thing you take off before bed?

Asked by Neha on 29 Aug 2025

In the following picture, E is going to slide the object down and as per the terrain and the physics, the round object is going to travel all the way till the end. Now, can you analyze who all people will die when it happens?

Who All Dies

Asked by Neha on 21 Mar 2021

A boy and a girl are sitting on the porch.
"I'm a boy," says the child with black hair.
"I'm a girl," says the child with red hair.
If at least one of them is lying, who is which?

Asked by Neha on 21 Aug 2024


In the picture, you can see a chess board. On the top left position, the K marks a knight. Now, can you move the knight in a manner that after 63 moves, the knight has been placed at all the squares exactly once excluding the starting square?

Are You A Chess Player?

Asked by Neha on 08 Apr 2024

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.