Transformers
In a transformer, leakage flux

Is minimised by interleaving the primary and secondary windings
Is negligible at full load
Helps in transfer of energy
Produces mutually induced emf

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Transformers
The efficiency of a transformer, under heavy loads, is comparatively low because

secondary output is much less as compared to primary input
voltage drop both in primary and secondary becomes large
copper loss becomes high in proportion to the output
iron loss is increased considerably

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