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 murder has been committed in a house. You are a detective and have to find out the murderer.

You investigate by asking three questions to each of the six suspects. Out of those six suspects, four are liars. It is not necessary that they speak everything a lie. But in their answers, there must be at least one lie. One of the six is the murderer.

There are eight rooms in the house in which the murder has been committed: Kitchen, Living Room, Bathroom, Garage, Basement, 3 Bedrooms.

At the time of the murder, only the murderer was present in the killing room. Any number of people can be present in any of the other rooms at the same time.

Can you identify the murderer and the four liars? Also, can you find out who was in which room?

The responses of all the suspects are mentioned below.

Joseph:
Peter was in the 2nd bedroom.
So was I.
David was in the bathroom.

Mandy:
I agree with Joseph that David was in the bathroom and Peter was in the 2nd bedroom.
But I think that Joseph was in the living room, OH MY GOD!

Peter:
Mandy was in the kitchen with Christopher.
But I was in the bathroom.

David:
I still say Peter was in the 2nd bedroom and Jennifer was in the bathroom.
Joseph was in the 1st bedroom.

Jennifer:
Peter was in the bathroom with Christopher.
And Mandy was in the kitchen.

Christopher:
David was in the kitchen.
And I was in the 2nd bedroom with Peter.

PS: The corpse was found in the Living Room.

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Decode the movie name from the below picture?

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It was a dark stormy night and a couple were in a car driving madly to a city. The car broke down and the husband had to go get help from someone who spoke his language. He was afraid to leave his wife alone in the car so he locked the car before leaving. When he came back, the car was in the same state as he had left it but his wife was dead, there was blood on the floor and there was a stranger in the car. What happened?

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Now, each person paid $20 and got back $1. In this manner, each of them paid just $19 which totals to the amount of $57. The bellboy has $2 with him and adding them, we get $59. So where is the remaining $1?

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Two batsman each on 94 runs. Seven runs needed to win in last 3 balls. Both make 100*. How?

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It's a protector.
It sits on a bridge.
One individual can see directly through it, while others wonder what it hides.

What is it?

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John can eat 27 chocolates in an hour, Jacob can eat 2 chocolates in 10 minutes, and Jolly can eat 7 chocolates in 20 minutes. How long will it take them to share and eat a box of 120 chocolates whilst playing Chess?

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I shave every day, but my beard stays the same. What am I?

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In the Thar desert, 3 men found a big 24L Jar is full of water. Since there is a shortage of water so they decided to distribute the water among themselves such that they all have equal amounts of it. But they only have a 13L, a 5L and an 11-litre Jar.

How do they do it?

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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