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

There are seven sisters in a house in a village where there is no electricity or any gadget.

Sister-1: Reading Novel
Sister-2: Cooking
Sister-3: Playing Chess
Sister-4: Playing Sudoku
Sister-5: Washing clothes
Sister-6: Gardening

what is Sister-7 doing ?

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Every words stands for unique digit that makes the arithmetic equation true

SEVEN + SEVEN + SIX = TWENTY.

What are the digits ?

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A swan sits at the center of a perfectly circular lake. At an edge of the lake stands a ravenous monster waiting to devour the swan. The monster can not enter the water, but it will run around the circumference of the lake to try to catch the swan as soon as it reaches the shore. The monster moves at 4 times the speed of the swan, and it will always move in the direction along the shore that brings it closer to the swan the quickest. Both the swan and the the monster can change directions in an instant.
The swan knows that if it can reach the lake's shore without the monster right on top of it, it can instantly escape into the surrounding forest.

How can the swan successfully escape?

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Can you solve below mathematical equation?

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The following "Brain Bat" means Slow Down.
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A number with an interesting property:

When I divide it by 2, the remainder is 1.
When I divide it by 3, the remainder is 2.
When I divide it by 4, the remainder is 3.
When I divide it by 5, the remainder is 4.
When I divide it by 6, the remainder is 5.
When I divide it by 7, the remainder is 6.
When I divide it by 8, the remainder is 7.
When I divide it by 9, the remainder is 8.
When I divide it by 10, the remainder is 9.

It's not a small number, but it's not really big, either.
When I looked for a smaller number with this property I couldn't find one.

Can you find it?

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You have three orange, two pink and five purple balls in the drawer beside your bed. There is no electricity and the room is entirely dark. How many balls must you take out to ensure at least one ball of each colour at least?

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Sharpest vision can find the lamp in the desert. Are you one of them? Test your observation skills now!

find the lamp in the desert

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Amazing Facts

Crossword

The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.