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

Can you arrange four 9's and use at most 2 math symbols, to make the total 100?

Asked by Neha on 21 Nov 2023


No one wants to have it, but if one got it, he does not want to lose it. What is It?

Asked by Neha on 11 Jan 2021

It is always ahead of me yet I can never see it. What is it?

Asked by Neha on 01 Apr 2023


How many times can you subtract the number 5 from 25?

Asked by Neha on 05 Oct 2021

Can you solve this picture maths equation?

Easy Maths

Asked by Neha on 09 Jun 2023

A girl is twice as old as her brother and half as old as her father. In 50 years, her brother will be half as old as his father. How old is the daughter now?

Asked by Neha on 21 Jan 2023


Can you name any English verb that becomes its past tense by simply rearranging the alphabets ?

Asked by Neha on 08 Sep 2021

There are six people in a family namely M, N, O, P, Q and R.

R and O are brother and sister.

N is the brother of Q's husband.
P is the father of M and grandfather of R.

How many male members are in the family?

Asked by Neha on 22 Oct 2023

There are people and strange monkeys on this island, and you can not tell who is who (Edit: until you understand what they said - see below). They speak either only the truth or only lies.
Who are the following two guys?
A: B is a lying monkey. I am human.
B: A is telling the truth.

Asked by Neha on 16 Jun 2023


Name the three-letter word that can complete the below words?

A) L O _ _ _ E
B) E D U _ _ _ E
C) _ _ _ E R
D) _ _ _ T L E

Asked by Neha on 07 Oct 2023

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.