Find the question mark ? figure from answer figure:

The second figure is the mirror image of the first figure.

From first figure to second figure the right and the left parts of design get separated and then inverted. Similarly, from the third figure to the answer figure the circle will be divided into two equal halves and then they will be inverted.

The second figure is the mirror image of the first figure.

From Problem Figure (1) to (2) the design is inverted vertically. In other words, the second figure is the water image of the first figure.

From first figure to second figure the main design is enclosed by a new design have one more side than the main design.

From first figure to second figure one curve is deleted, the two corners of square become shaded and the main design shifts its side.

Half of the figure is missing and the remaining half is in shaded form.

Six side figure reduces to five sided figure reduces to five sided figure and the elements present inside the figure moves outside and a new shaded circular element introduced inside the figure.

The element moves in the sequence.

All the arrows get vertically inverted, the right most arrow moves to the left most side and all other arrows moves are space to the right, the heads of 2nd the 3rd positions inverted.