Rajesh purchased a machine for ₹5,000 and paid ₹250 for its transportation. If he sells the machine for ₹5,075, what is his percentage profit or loss? (Correct to two decimal places)

Profit of 3.33% Profit of 6.66% Loss of 3.33% Loss of 6.66%

Loss of 3.33%

CP of machine =  Rs. 5,000 Transportation cost = Rs. 250 SP = Rs. 5,075 Ratio to C.P. to S.P. 5250 : 5075 30 : 29 = 1 loss Loss% = \(\frac{1}{30}\) × 100 = 3.33%