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

Divide 110 into two parts so that one will be 150 per cent of the other. What are the 2 numbers?

Asked by Neha on 27 Oct 2024


Can you find a five letter word that is left with only two letters if one is removed?

Asked by Neha on 20 Jul 2021

A swan sits at the center of a perfectly circular lake. At an edge of the lake stands a ravenous monster waiting to devour the swan. The monster can not enter the water, but it will run around the circumference of the lake to try to catch the swan as soon as it reaches the shore. The monster moves at 4 times the speed of the swan, and it will always move in the direction along the shore that brings it closer to the swan the quickest. Both the swan and the the monster can change directions in an instant.
The swan knows that if it can reach the lake's shore without the monster right on top of it, it can instantly escape into the surrounding forest.

How can the swan successfully escape?

Asked by Neha on 22 Apr 2022


John was visiting his friend Jacob. He found out that his friend's wife had just killed a burglar in self-defense.
John asks Jacob about what happened and he told that "His wife was watching television when suddenly the bell rang. She thought that it is her husband Jacob but she found the burglar who attacked her instantly and she got so frightened that she killed the burglar immediately with the knife.
John asked the police to arrest his friend's wife. Why?

Asked by Neha on 10 Mar 2023

Three doctors said that Bill was their brother. Bill says he has no brothers. How many brothers does Bill actually have?

Asked by Neha on 01 Mar 2022

81 x 9 = 801. What must you do to make the this equation true?

Asked by Neha on 03 Oct 2021


A pregnant woman is preparing to name her seventh child. Her children's names so far are Dominique, Regis, Michelle, Fawn, Sophie, and Lara. What will she name her next child -- Jessica, Katie, Abby or Tilly?

Asked by Neha on 29 Mar 2023

What has 88 keys?

Asked by Neha on 09 Jul 2025

Can you move 2 matchsticks to form four equal sized squares.

Make four Square Riddle

Asked by Neha on 17 Dec 2020


There is something which is always coming but never arrives?

Asked by Neha on 08 Mar 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.