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

For an extra income, John decided to work at a Hotel for one hour daily. The manager offers him that they will pay him $11 after every 11 days.
However, John offered a different proposition to the manager. The offers stand as:
He will be paid just a penny on his first day.
Two pence will be paid on the second day,
Four pence will be paid on the third day.
And so on till the 11th day.

Should the Hotel manager accept his offer?

Asked by Neha on 30 Nov 2025


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Irene killed hundreds of people mercilessly and yet the police were not able to put her behind the bars. Why?

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Rose, Lily and Jasmine decided to buy flowers for their moms on Mother's Day. One of them bought lilies, the other roses, and the third one jasmines.
'It's funny!' said the girl with roses, 'we bought roses, jasmines and lilies, but none of us bought the flowers matching her name'.
'You're right!', said Lily.
What kind of flowers did each of the girls buy?

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Mr Black, Mr Gray, and Mr White are fighting in a truel. They each get a gun and take turns shooting at each other until only one person is left. Mr Black, who hits his shot 1/3 of the time, gets to shoot first. Mr Gray, who hits his shot 2/3 of the time, gets to shoot next, assuming he is still alive. Mr White, who hits his shot all the time, shoots next, assuming he is also alive. The cycle repeats. If you are Mr Black, where should you shoot first for the highest chance of survival?

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I am white when I am dirty, and black when I am clean. What am I?

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We know that money can be names differently for the purpose it is used for. Some of the examples of money given at following places or for following activities:

In temple = Daan
In school = Fees
During marriage = Dowry
For divorce = Alimony
Paying government = Tax
In court = Fine
Employer to employee = Salary
To kidnappers = Ransom
For illegal reason = Bribe
To civil servant retirees = Pension

Do you know what do we call the money a husband gives to his wife?

Asked by Neha on 12 Jan 2021

The sum of a mother, her baby and her dog's weight is 170 Kg. How much does the baby weigh if the mother weighs 100 kg more than the combined weight of the baby and the dog, and the dog weighs 60 per cent less than the baby?

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O_er_t_o_

Complete the missing letters of the given word.

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I have Rs.50 and I spend it in the way as below.

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Gamers

In 2011, people playing Foldit, an online puzzle game about protein folding, resolved the structure of an enzyme that causes an Aids-like disease in monkeys. Researchers had been working on the problem for 13 years. The gamers solved it in three weeks.