A bullet of mass \( 50 \, \text{g} \) is fired with a speed \( 100 \, \text{m/s} \) on a plywood and emerges with \( 40 \, \text{m/s} \). The percentage loss of kinetic energy is:
\( 16\% \)
\( 44\% \)
\( 32\% \)
\( 84\% \)