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

Christina is older than Kareena and Karishma. Katrina is older than Karishma and younger than Kareena. If Kareena has a brother named John, who is older than Christina, who's the youngest?

Asked by Neha on 10 Jul 2024


I am 5 letters long.
My first two tell you who I am
My first 3 could be a medicine
My last three reversed could be a young boy.
My 4th, 3rd and 2nd in that order could be a fruit drink.
If you have me you may hang me round your neck
WHAT AM I ?

Asked by Neha on 14 May 2021

Solve the puzzle by telling what does below picture means.

Solve by Name Puzzle

Asked by Neha on 28 Nov 2025


What does this rebus mean?

O
N
C
E
TIME

Asked by Neha on 22 Feb 2025

What four weights can be used to balance from 1 to 30 pounds?

Asked by Neha on 25 Apr 2022

There are 3 apples in the basket and you take away 2. How many apples do you have now?

Asked by Neha on 21 Oct 2025


When I get multiplied by any number, the sum of the figures in the product is always me. What am I?

Asked by Neha on 10 Oct 2021

Three people check into a hotel. They pay $60 for the rent of the room. After they check-in, the manager realize that the rent for the room is $55. So, he gives $5 to the bellboy and asks him to give it to them. The bellboy thinks that it will be difficult for the three people to share $5 among them and seeking the personal benefit, he pockets $2 and gives the remaining $3 to them.

Now, each person paid $20 and got back $1. In this manner, each of them paid just $19 which totals to the amount of $57. The bellboy has $2 with him and adding them, we get $59. So where is the remaining $1?

Asked by Neha on 02 Aug 2023

Who always enjoys poor health?

Who enjoys poor health?

Asked by Neha on 22 Sep 2021


Using the clues below, what four numbers am I thinking of?

The sum of all the numbers is 31.
One number is odd.
The highest number minus the lowest number is 7.
If you subtract the middle two numbers, it equals two.
There are no duplicate numbers.

Asked by Neha on 06 Jan 2025

Hot Articles

Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.