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 Logic Riddles

Place the numbers from 1 to 9 in the circles in a manner that each side of the triangle sums up to 17.

Nine Numbers Riddle

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ENEMY = 2 * LINK
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There is a circular car race track of 10km. There are two cars, Car A and Car B. And they are at the exact opposite end to each other. At Time T(0), Both cars move toward each other at a constant speed of 100 m/seconds. As we know both cars are at the same speed they will always be the exact opposite to each other.
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What is the total distance covered by the bug?

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On a magical land of Mexico , all the animal in the land are rational.

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If we leave them for some time then how many goat and tiger will be there , when we come back ?

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Edward James went for tiger hunting.

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How many tiger did he hunted ?

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If,
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Find
6 * 5 * 4 = ?

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An inspection by the superintendent of St. Joseph School was scheduled on the next day. The class teacher Jenifer knew that he would be asking questions from her class and she would have to choose a pupil to answer. To offer a perfect impression over him, the teacher explained certain instructions to the students to maximise the chances of getting correct answer every time.

What did she say to the students?

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What numbers should go on the bottom line?
3 6 9 15
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19 10 29 39
? ? ? ?

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You see a boat filled with people, yet there isn’t a single person on board. How is that possible?

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Which is the smallest number that you can write using all the vowels exactly once?

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Jigsaw puzzles

Jigsaw puzzles soared in popularity during the great depression, as they provided a cheap, long-lasting, recyclable form of entertainment.