A property dealer sells a house for ` 6,30,000 and in the bargain makes a profit of 5%. Had he sold it for ` 5,00,000, then what percentage of loss or gain he would have made?

A

$$2\frac{1}{4}\%$$ gain

B

$$10\%$$ loss

C

$$12\frac{1}{2}\%$$ loss

D

$$16\frac{2}{3}\%$$ loss