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

What do you see in the image below

Typical Image Puzzle

Asked by Neha on 17 Sep 2025


How many times do a clock's hands overlap in a day ?

Clock Hand Overlapping

Asked by Neha on 31 Mar 2021

If Rajina's daughter is my daughter's mom, who am I to Rajina?

Asked by Neha on 11 Dec 2023


It's pretty hard to give up.
If you remove a part of it, you will be left with a bit.
Even if you remove another part, the bit still remains.
Remove one more and it still remains.

What is it?

Asked by Neha on 06 May 2025

If,

A = 1

B = 2

C = 3

...

...

Z = 26.

Based on above rule, you need to find an eleven letter word whose letter sum is equal to 52.

Asked by Neha on 12 Feb 2021

Can you count the number of triangles in the given picture?

Count The Triangles <br />

Asked by Neha on 29 Dec 2024


Can you find the odd number in the following?

2716, 4135, 5321 and 7145

Asked by Neha on 30 Mar 2023

I have nine bottles of wine and one of the nine bottles is poisoned.
I need to find the poisoned bottle with two facts
(1) Poison is deadly, only a sip will cost death
(2) I have two mice to do so.

How should I do it?

Asked by Neha on 25 May 2021

Two boys were admitted to a school. When the headmaster asks them about their parents, they tell him that they have same parents (father and mother). On further inquiry, it turns out that they both share the same date for their birthday.

"Are you twins," ask the headmaster.
"No," replies the boys.

Is it possible?

Asked by Neha on 22 Feb 2024


A patient was diagnosed with some ailment. He was given five different tablets to take at night at an interval of 15 minutes.

How long will it take the patient to consume all the five tablets?

Asked by Neha on 02 Jul 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.