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

The king of Octopuses has servants who have six, seven or eight legs. The distinguishing characteristics of the servants is that the one with seven legs always lie but the one with either six or eight legs speak the truth always.

One day, four servants meet and converse:

The black one says, 'We have 28 legs altogether.'

The green one says, 'We have 27 legs altogether.'

The yellow one says, 'We have 26 legs altogether.'

The red one says, 'We have 25 legs altogether.'


Can you identify the colour of the servant who is speaking the truth?

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I’m orange, I wear a green hat and I sound like a parrot. What am I?

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Be active and find the killer in the picture Riddle below.


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A sea diver is a real show-off. He showed everyone that he can hold his breath underwater for 15 minutes.

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If,
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Based on similar logic, Can you prove that the below algebraic equation is true?
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When I got four, I have it none.
When I got two, I have it some.
When I got none, I have it all.

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In a classic wine shop, the list of three most popular wines are:
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- The cost of 20 Dutch wine bottles: 100$

John entered the wine shop and he needs to buy
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- Need to buy 100 wine bottles in total.

John has only 10000$. How many wine bottles of each type, John must buy?

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Crossword puzzles

In the 1920s, people feared that crossword puzzles would contribute to illiteracy.