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 has 13 hearts but no other organs?

Asked by Neha on 11 Mar 2022


Replace all '*' with digits 1, 2, 3, 4, 5 and 6 to make below statement true.

* *
x *
=====
* * *

Asked by Neha on 29 Jul 2021

The following "Brain Bat" means Slow Down.
S
L
O
W

Using the same logic, can you tell us what does the following Brain Bat means ?
E
V
I
G

Asked by Neha on 14 May 2021


I have an apple tree , number of apple in this tree get doubles every week.

On 30th week , the tree gets completely filled with apples :-)



Can you tell me , on what week does my tree is half covered with apples ?

Asked by Neha on 28 Feb 2021

On the dull night when the blonde was dozing, she heard an odd clamour and she saw that there was a bizarre man with a gun simply outside her home. So she raced to the telephone to call the police, however, she can't dial 911. Why?

Asked by Neha on 09 Oct 2024

There are 2 people near the river and both of them want to get on the other side. The boat can only take one of them. But they got across.
How?

Asked by Neha on 03 May 2021


An exterior architect is asked by a builder to plant seven trees in a manner that there are exactly six rows of trees in a straight line and each row has three trees in particular.

How will he do it?

Math Figure Puzzle

Asked by Neha on 03 Apr 2023

Can you complete the sequence puzzle?

AR TA GE CA LE VI LI _

Asked by Neha on 02 May 2025

Decode below rebus
D
N
A
T
S , D

Asked by Neha on 14 May 2021


The average age of 10 members of a committee is the same as it was 4 years ago, because an old member has been replaced by a young member. Find how much younger is the new member ?

Asked by Neha on 19 Jul 2021

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.