A company purchased its own debentures of the face value of Rs. 50,000 (500 debentures of Rs. 100 each) from the open market for immediate cancellation at Rs. 95 per debenture. What is the profit on redemption of these debentures?
1
Rs. 5,000
2
Rs. 2,500
3
Rs. 1,500
4
Rs. 0