Quantitative Aptitude Profit and Loss Successive Selling

Anil sells a mobile phone at a price of Rs. 14,960 and suffers a 12% loss. What should be the selling price of the mobile phone so that he could make a profit of 9%?

1
Rs. 15,300
2
Rs. 18,700
3
Rs. 17,850
4
Rs. 18,530

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