The time period of a simple harmonic oscillator is $T=2 \pi \sqrt{\frac{k}{m}}$. Measured value of mass $(m)$ of the object is 10 g with an accuracy of 10 mg and time for 50 oscillations of the spring is found to be 60 s using a watch of 2 s resolution. Percentage error in determination of spring constant $(k)$ is $\_\_\_\_$ $\%$.