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

A dead body is found outside a multi-story multinational company. The case is reported and a homicide detective is called on the crime scene.

He looks at the body and then towards the building. From the position of the body, it is evident that the victim committed suicide. He goes to the first floor of the building and then walks in the direction of the dead body, opens the window and toss a coin in the air.

He goes to second floor and again repeats the process. He keeps doing this till he is done on all the floors. Then he returns back to the floor and tells his team that it is a murder.

How in heaven did he deduce that?

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What jumps when it walks and sits when it stands?

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What question can you never answer yes to?

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Few Flowers are used to make colors.
Therefore, some Marigold are used to make colors.

True Or False?

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Suppose that you are trapped on the surface of a frozen lake. The surface is so smooth and ideal that there is no friction at all. You cant make any grip on the ice and no wind is blowing to help you out. You have just a mobile phone with you which has got no reception disabling you to call for help.

How will you plan your escape before you freeze to death on the frozen lake?

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While handling a project, the landscaper is asked by the owner of the mansion that he wants four trees in front of his mansion that are exactly equidistant from each other.

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0 0 0 = 6
1 1 1 = 6
2 2 2 = 6
3 3 3 = 6
4 4 4 = 6
5 5 5 = 6
6 6 6 = 6
7 7 7 = 6
8 8 8 = 6
9 9 9 = 6

You can use any mathematical symbols in the space provided to make all above algebraic expressions true.

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Who always enjoys poor health?

Who enjoys poor health?

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A rubber ball keeps on bouncing back to 2/3 of the height from which it is dropped. Can you calculate the fraction of its original height that the ball will bounce after it is dropped and it has bounced four times without any hindrance ?

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The two towns are exactly 100 km apart. John leaves City A driving at 30 km/hr and Jacob leaves City B half an hour later driving at 60 km/hr. Who will be closer to City A when they meet?

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