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

In The 1st month of this year(the year 2013), I noticed that the date 13-1-13 (13 January 2013) is special.

This date is special as:

Date * Month = Year.

Can you figure out which year of this century has a maximum number of such dates?

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What begins with T, ends with T, and has T in it?

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Jenifer is learning to drive her car. She went down a one way lane and in the wrong direction. But she do not break any law.

How come ?

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A California farmer owns a beautiful pear tree. He supplies the fruit to a nearby grocery store. The store owner calls the farmer to see how much fruit is available for him to buy. The farmer knows the main trunk has 24 branches. Each branch has exactly 12 boughs and each bough has exactly 6 twigs. Since each twig bears one piece of fruit, how many plums will the farmer be able to deliver?

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2 ladies and 2 girls need to cross a river in a boat big enough for 1 LADY or 2 girls. How do they do it?

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Detective John was investigating a murder in China.
It was a difficult case, and John was completely stumped until he noticed a message sent to him by the killer cunningly hidden in a newspaper advertisement selling Car Licence Plates.
Detective John thought about it for a while, and when he had solved the puzzle, immediately arrested the guilty man.

Q1) How did John know the advert was a clue for him?

Q2) Solve the code and tell me who John arrested.

This is the newspaper advert (Car licence plates for sale) that Detective John saw.

Plates For Sale;

[W 05 NWO]
[H 13 HSR]
[O 05 EBM]
[D 08 UNE]
[U 10 HTY]
[N 04 BRE]
[N 16 TTE]
[I 26 LHC]
[T 10 AEE]
[I 26 CNA]
[X 22 VDA]

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We are a group of eight brothers. We consider the weak, yet we protect the king in every battle. If we move ahead, we never turn back. Who are we?

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A journalist was investigating a sacred cult in the jungles of Africa when he was caught by one of the person. He was confined in a cave till the leader arrived. The leader told him that he need to tell him a statement. If he thinks the statement is true, then the journalist head will be chopped off. If he thinks that the statement is false, his head will be smashed with a hammer.

What statement did the journalist make to survive?

Survive in Jungle

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On a beautiful Sunday morning, You ordered a hot tea to your hotel room and suddenly you remember an important thing that needed to be done right now will take around 3 minutes to complete.
Like most people you like your tea to be hot while drinking so, when should you pour cream in the tea?
1. straight away
2. Just people, you drink the team
3. Its does not matter

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Railroad Crossing, look out for the cars. Can you spell that, without any R's ?

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Amazing Facts

Gambling

In Canada, a mathematical puzzle must be solved in order to win the lottery to classify it as a “game of skill” not gambling.