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

One evening there was a murder in the home of a married couple, their son and daughter. One of these four people murdered one of the others. One of the members of the family witnessed the crime.

The other one helped the murderer.

These are the things we know for sure:

1. The witness and the one who helped the murderer were not of the same sex.

2. The oldest person and the witness were not of the same sex.

3. The youngest person and the victim were not of the same sex.

4. The one who helped the murderer was older than the victim.

5. The father was the oldest member of the family.

6. The murderer was not the youngest member of the family.

Who was the murderer?

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1. A 7 minute one and
2. An 11-minute one.

Using just these 2 sand hourglasses, how can I measure time as 15 minutes?

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I look at you, you look at me, I raise my right, you raise your left. What am I?

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Today, I celebrated my 32nd birthday but I was born in 1972.
How is this possible?

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What is 3/7 chicken, 2/3 cat and 2/4 goat?

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Three people are in a room. Ronni looks at the Nile. The Nile looks at Senthil. Ronni is married but Senthil is not married. At any point, is a married person looking at an unmarried person? Yes, No or Cannot be determined.

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

True Or False?

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Two fathers and two sons went fishing one day. They were there the whole day and only caught 3 fish. One father said, that is enough for all of us, we will have one each. How can this be possible?

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A bag contains 64 balls of eight different colours. There are eight of each colour (including red). What is the least number you would have to pick, without looking, to be sure of selecting 3 red balls?

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Amazing Facts

Word ladder puzzle

The word ladder puzzle was invented by Lewis Carroll, author of Alice’s Adventures in Wonderland.