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

Queen Elizabeth organised a royal party.

To Avoid uninvited guest royal family set a password.
Jack (an uninvited person) plan to enter the party. He stand nearby the door.

First guest comes, the security person said 'twelve' and guest replied with six.
Second guest comes , the security person said 'six' and guest replied with 'three'.

Jack thought is enough and he walked to the entry point. The security person said 'eight' , Jack replied smilingly 'four'.
He was immediately thrown out of the party. why ?

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What will you call your mother's brother's brother-in-law?

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How old is your son? asked a man to his neighbour. My son is five times as old as my daughter and my wife is five times as old as my son. I am twice as old as my wife whereas my grandmother, who is celebrating her eighty-first birthday is as old as all of us put together.

How old is the man's son ?

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You walk into an old horror house. It has no power or plumbing. Once inside, you see three doors. Each door has a number on it. Behind each door is a way for you to die. Behind door number one, you die by getting eaten by a lion. Behind door number two, you die by getting murdered. Behind door number three, you die by an electric chair. You can’t turn back, so you have to go through a door. Which door do you go through?

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A man is sitting in a pub feeling rather poor. He sees that the man next to him is extremely rich. He turns to the rich man and says to him, 'I have an amazing talent; I know almost every song that has ever existed.'
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The poor man says, 'I am willing to bet you all the money you have in your wallet that I can sing a genuine song with a lady's name of your choice in it.'
The rich man laughs again and says, 'OK, how about my daughter's name, Joanna Armstrong-Miller?'
The rich man goes home poor. The poor man goes home rich.

What song did he sing? A man is sitting in a pub feeling rather poor. He sees the man next to him pull a wad of £50 notes out of his wallet. He turns to the rich man and says to him, 'I have an amazing talent; I know almost every song that has ever existed.' The rich man laughs. The poor man says, 'I am willing to bet you all the money you have in your wallet that I can sing a genuine song with a lady's name of your choice in it.' The rich man laughs again and says, 'OK, how about my daughter's name, Joanna Armstrong-Miller?' The rich man goes home poor. The poor man goes home rich. What song did he sing?

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1. What does:
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2. What does:
MO_ _
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In my garden, I have many trees but only one of them is the mango tree. In these mango trees, there are some mangoes(as expected).

But after a strong wind, there are neither mangoes on the tree nor on the ground. Explain?

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A worker is to perform work for you for seven straight days. In return for his work, you will pay him 1/7th of a bar of gold per day. The worker requires a daily payment of 1/7th of the bar of gold. What and where are the fewest number of cuts to the bar of gold that will allow you to pay him 1/7th each day?

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Find three numbers such that

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If 5 cats catch 5 mice in 5 minutes, how long will it take one cat to catch a mouse?

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Amazing Facts

Jigsaw puzzles

Jigsaw puzzles soared in popularity during the great depression, as they provided a cheap, long-lasting, recyclable form of entertainment.