Quantitative Aptitude Profit and Loss

Swati sold a bag to Ankita at a gain of 15%. Aashi bought this bag from Ankita for Rs. 24,840. Ankita earned a profit of 20%. At what price would Swati have bought the bag?

1

Rs. 18,500

2

Rs. 18,000

3

Rs. 16,000

4

Rs. 20,000

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