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

James Bond is caught up in a mysterious scenario where the evil villain has him blindfolded. He somehow breaks through the handcuffs but is unable to get the blindfold off. Upon searching, he comes across a bow and 3 arrows. He can hear the villain speak, and thus tries to take a shot at him. He launches the first arrow, it misses the villain. He then launches the second arrow and it misses by a greater margin.

What is the probability that this third shot our James bond takes will be worse than the second shot?

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= 10 cent x 10 cent
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solve this tricky problem?

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There are two beautiful yet remote islands in the South Pacific. The Islanders born on one island always tell the truth, and the Islanders from the other island always lie.
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Can you guess what the third Islander will answer to the same question?

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W A T N T L I T F S _ _

*Hint: Check Puzzle Title

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In 2007, a puzzle was released and $2 million prizes were offered for the first complete solution. The competition ended at noon on 31 December 2010, with no solution being found. Wiki