Sudden changes of load on synchronous motors may sometimes set up oscillations that are superimposed upon the normal rotation, resulting in periodic variations of a very low frequency in speed. This effect is known as hunting or phase-swinging.
As you can see from the below figure in load Z1 is connected with the only current coil. In Load Z2 both current from the current coil (CC) and voltage from voltage coil (PC) are present (Power = V × I). Hence the Wattmeter will read power consumed by Z2.
When variable loss becomes equal to the constant loss, efficiency is maximum. Losses = Pi + Pc Since copper loss is a variable loss therefore Losses = Pi + Pi = 2pi Thus at a maximum efficiency of this transformer total loss = 150 x 2 = 300 W