Jenny crashes a $50,000 cost car while taking her test and reduces its

It seems like a strange car if it loses $30,000 in value but then can be repaired for only $10,000 and resold at essentially its purchase price.

Anyway, the car lost 60% of $50,000 in value, or $30,000, but the person was repaid 3/4 of that, so was repaid (3/4)(30,000) = 22,500. So overall the person paid $50,000 for the car and $10,000 for repairs, and was paid $22,500 by the insurance company and $47,500 by whoever bought the car, and net the person took in $70,000 and spent $60,000. So over the course of the events described in the question, the person made a $10,000 profit. That's not actually what the question asks for though -- the question asks only for the profit or loss on the sale of the car. The car was bought for $50,000 and sold for $47,500, so on the sale of the car alone, there was a $2500 loss. So as written, the answer is $2500, but considering how much detail the question provides about insurance etc, I imagine the question writer meant to ask something else, and I'd assume the answer is supposed to be a $10,000 profit.

What is the source?