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

One absent-minded ancient philosopher forgot to wind up his only clock in the house. He had no radio, TV, telephone, internet, or any other means for telling time. So he travelled on foot to his friend's place a few miles down the straight desert road. He stayed at his friend's house for the night and when he came back home, he knew how to set his clock. How did he know?

Asked by Neha on 29 Feb 2024


Before reading ahead, you must know the fact that only one of the people here is telling the truth.

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C says both A and B are lying.

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Tank Fill Riddle

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A man is found unconscious in front of a store at two in the morning. His head is bleeding and there’s a brick laying next to him. When the police arrive, they carry the man to jail. Why did they arrest him?

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The password on Monday was SJM16.
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Amazing Facts

Out of the Box

The phrase “thinking outside the box” was popularised from the solution to a topographical puzzle involving 9 dots in a box shape.