Which figure from the given options would replace the question mark (?) if the following figure series to be continued?

Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e.
.
The logic is used here:
From first figure to 2nd figure and 3rd figure to 4th figure:
- The 1st 2 letter and the last letters interchange their position with each other.
- The middle letter is replaced with a new letter.
From 2nd figure to 3rd figure and 4th figure to 5th figure:
- The last letter shifts its position in starting.
- The remaining 4 letters are shifting in the forward direction.
