Internal error: profiler is not configured correctly

I am using Nsight Eclipse edition with CUDA 5.5 on NVS 5200m. I have written a very basic application operation which transpose a matrix. It compiles perfectly and runs with correctly. When I compile the release and then profile. It gives me the following error

Internal error: profiler is not configured correctly

and on the console it says

======== Error: Encountered invalid option : --concurrent-kernels

please help me with this.

It looks like you are using 5.0 nvprof with Nsight 5.5. Please check your $PATH variable.

Thanks Eugeno. It worked perfectly. Actually I installed cuda 5.5 after cuda 5.0 and there was a path for cuda 5.0 as well.