A vendor marked the price of a commodity 50% above the cost price. He allowed two successive discounts of 30% and 25% to a customer. As a result, he incurred a loss of 722.50. Had he not offered the successive discounts, what would have been the selling price of the commodity?

1
1300
2
1400
3
5100
4
More than one of the above
5
None of the above

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