Vineet buys 2 chairs for Rs. 1500. He sold one at 20% profit and the other at 17.5% loss. On the whole, he receives neither loss nor profit. What was the cost of each chair?

1
Rs. 720, Rs. 780
2
Rs. 750, Rs. 750
3
Rs. 700, Rs. 800
4
Rs. 650, Rs. 850

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