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

I have thought of a number that is made up by using all the ten digits just once. Here are a few clues for you to guess my number:

First digits is divisible by 1.
First two digits are divisible by 2.
First three digits are divisible by 3.
First four digits are divisible by 4.
First five digits are divisible by 5.
First six digits are divisible by 6.
First seven digits are divisible by 7.
First eight digits are divisible by 8.
First nine digits are divisible by 9.
The number is divisible by 10.

Can you find out the number ?

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A man is found unconscious in front of a store at two in the morning. His head is bleeding and there’s a brick laying next to him. When the police arrive, they carry the man to jail. Why did they arrest him?

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There is a place where if I stand up straight, I will still be considered sideways.

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