Babu Rao brought shares of ZEDX company on certain day and sold them next day while buying and selling. He had to pay to the broker one percent of the transactions value of the share as brokerage. The sales price per share was 1.05 times that of its purchase price and the number of shares purchased was 100. Then what was the profit earned by him per rupee spent on buying the shares ?

1
 2.95 / 100
2
 2.95 / 101
3
 2.93 / 107
4
 2.97 / 109
5
 2.91 / 105

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