Quantitative Aptitude Profit and Loss Successive Selling

A purchased a machine at Rs. 11000, then got it repaired at Rs. 2500, they gave its transportation charges Rs. 500. Then he sold it at 40% profit. At what price he actually sold it?

1

Rs. 18500

2

Rs. 17500

3

Rs. 19900

4

Rs. 19600

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