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

You are a cab driver who pools passengers. You pick 3 people from a destination and drop 1 after an hour. 2 people climb aboard at the same time and you drop 3 at the next destination. After some time, you pick 2 passengers only to drop 1 after a short distance where 3 more passengers climb up the cab. You leave the rest of the passengers one by one to their destination and then come back home.

Can you tell the eye color of the cab driver?

Asked by Neha on 06 Apr 2023


If two's company, and three's a crowd, then whats four and five ?

Complicated counting

Asked by Neha on 22 Feb 2021

I taste better than I can smell. Who am I?

Asked by Neha on 30 Dec 2023


In a town, there are over 100 flats.
Flat-1 is named first flat.
Flat-2 is named second flat.
Flat-3 is named third flat.

A visitors 'Victor' decides to walk through all the flats, he finds all the flats except flat-62.
Victor later founds that the local of the town have given it another name.

What is the name of the Flat?

Asked by Neha on 05 May 2021

Find three numbers such that

* When we multiply three numbers, we will get the prime numbers.
* The difference between the second and the first number is equal to the third and second.

Asked by Neha on 12 Jul 2024

Where do fish keep their money?

Asked by Neha on 25 Nov 2025


Spot 5 differences in two Christmas tree below:

Christmas Tree

Asked by Neha on 06 Jul 2021

I can be cracked, made, told, and played. What am I?

Asked by Neha on 16 Aug 2025

How is the moon similar to a dollar?

Asked by Neha on 26 Sep 2023


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

Asked by Neha on 13 Sep 2021

Hot Articles

Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.