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 is the largest number you can write with just 3 digits?

Asked by Neha on 18 Apr 2025


You are presented with three boxes. One of them has a red ball inside and the other two have a black ball inside each of them. You are asked to pick up the one with red ball and you pick one. Now, one of the other boxes is opened and it is found to have a black ball.

You are presented with a chance to change your box with the one that is left closed. Will you change your box? Why or why not?

Asked by Neha on 15 Apr 2023

Doctor Alex and a bus driver John are both in love with the same woman named Olivia. The bus driver need to go for a long trip of 10 days, Before he left he gave Olivia 10 apples.

Asked by Neha on 22 Aug 2024


The current time can be represented by below textual rebus.

0
=========
B.Sc
LLB

Can you tell us the current time?

Asked by Neha on 24 Feb 2021

What is the unique property of the following words ?
* Revive
* Banana
* Grammar
* Voodoo
* Assess
* Potato
* Dresser
* Uneven

Asked by Neha on 20 Aug 2021

Identify the 10 differences between the two given pictures.

Pictures to Identify

Asked by Neha on 22 Dec 2023


What number do you get when you multiply all of the numbers on a telephone's number pad?

Asked by Neha on 17 Jul 2024

Move three sticks of the spiral below to form a square.

Spiral to Square Puzzle

Asked by Neha on 15 Nov 2025

A famous swimmer can swim downstream in a lake in exactly 40 minutes with the lake current.
He can swim upstream in that lake in exactly 60 minutes against the lake current.
The length of the lake is 2 km.

How long he can cover the distance of one side at a still lake with no current?

Asked by Neha on 27 Nov 2025


What Time Should the last watch show in the below figure?

Time in the Clock

Asked by Neha on 21 Sep 2024

Hot Articles

Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.