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

Living above a star, I do not burn
Eleven friends and they do not turn
I can just be visited in a sequence, not once or repeatedly
PQRS are my initials
Can you tell my name accurately?

Asked by Neha on 11 Jul 2021


What is the four-digit number in which the first digit is one-third the second, the third is the sum of the first two, and the last is three times the second?

Asked by Neha on 15 Sep 2025

Manish and Manoj play 5 games of chess.
Both Manish and Manoj win the exact same number of games. There is no tie at all.

How?

Asked by Neha on 11 Feb 2024


I have cities, but no houses. I have mountains, but no trees. I have water, but no fish. What am I?

Asked by Neha on 25 Jul 2025

The measurement of time, That can't be found on a clock, But can be looked upon on a map.

Who is He ?

Asked by Neha on 30 Jan 2021

With pointed fangs I sit and wait; with piercing force I crunch out fate; grabbing victims, proclaiming might; physically joining with a single bite. What am I?

Asked by Neha on 13 Mar 2025


In front of you, there are 9 coins. They all look absolutely identical, but one of the coins is fake. However, you know that the fake coin is lighter than the rest, and in front of you is a balance scale. What is the least number of weightings you can use to find the counterfeit coin?

Asked by Neha on 20 Nov 2025

What kind of band never plays music?

Asked by Neha on 09 Jul 2023

12345 a famous South Indian actor
567 is a path in jumbled form
8 & 10 are same letters
9 is one among the first six alphabets.
WHO AM I?

Asked by Neha on 14 May 2021


There is a hypothetical state between the USA and Mexico border 'Tango'.
Here 70 percent of the population have defective eyesight, 75 percent are hard of hearing, 80 percent have Nose trouble and 85 percent suffer from allergies, what percentage (at a minimum) suffer from all four ailments?

Asked by Neha on 17 May 2024

Hot Articles

Amazing Facts

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.