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Nov 27 2008

Clever businessman

Published by aparna at 6:28 pm under Uncategorized Edit This

There was a billionaire who reached Mumbai on some business work. All of a sudden he had to go abroad for an urgent meeting.

So, he left to a bank and met the Manager of the bank. He explained his situation and asked the Bank Manger to lend him Rs. 50000 for a period of one month and promised to return the amount as soon as he returns to India. However, the Bank Manager refused to lend the amount and said that he needs some collateral. The businessman readily agrees to leave his 27 lac rupee Mercedes Benz as a collateral and shows all the relevant documents.

The Manager was pleased and agrees to lend the amount. He laughs to himself for the foolishness of the business man who was leaving a 27 lac worth car for an amount of 50000.

After one month the businessman returns and pays the sum of 50000 rupees plus an amount of Rs. 100 as interest. Then the Manager asks him, “In our enquiry we found that you are a very rich person. Howcome, you din’t have Rs. 50000 with you?”

The businessman replied, ” I couldn’t find any other parking place in Mumbai which will allow me to park for a period of one month for an amount of Rs. 100″

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