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

You are playing a game with your friend Jack. There are digits from 1 to 9. You both will take turn erasing one digit and adding it to your score. The first one to score 15 points will win the game.

Would you want to play first or second?

PS: The sum should be exactly 15.

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Go through the details below and find out which child lives in which house and bought which ice-cream flavor with which topping:

1. Jim lives between the child who bought the Raspberry topping and the child who bought mango ice cream.

2. Joyce, whose house has an even number, bought the cherry topping. Nancy does not live next to Joyce.

3. The blackcurrant ice cream had no topping.

4. The child who lives in house number 2 had the butterscotch ice cream. The child in house number 3 did not have chocolate ice cream.

5. Mike had banana ice cream. He hates banana cherry.

6. The child who had the cashew topping lives in house number 5. Dustin does not live in house number 4.

Please note that the odd numbered houses and the even numbered houses are located on the exactly opposite sides of the street.

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You are in a room that has three switches and a closed door. The switches control three light bulbs on the other side of the door. Once you open the door, you may never touch the switches again. How can you definitively tell which switch is connected to each of the light bulbs?

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In the addition below, all digits have been replaced by letters. Equal letters represent equal digits and different letters represent different digits.
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Amazing Facts

Out of the Box

The phrase “thinking outside the box” was popularised from the solution to a topographical puzzle involving 9 dots in a box shape.