Assuming the following costs and data shown in table below, at what percent of parts rejected have to be for Machine B to be as profitable as Machine A? (Note: Final answer in terms of % in 2 decimal places)

Material cost is at P65 per part. All defect-free parts produced were sold at P120 each (Rejected parts have negligible scrap value). For either machine, the operator costs P150 per hour and the variable overhead rate for traceable costs is P50 per hour.

	Machine A	Machine B
Production rate	100 parts / hour	120 parts / hour
Hours available for production	7 hours / day	6 hours / day
Percent parts rejected	3%	5%