At first, Bag : Book = 9 : 4. Let Bag = 9u, Book = 4u.

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• After sale: Bag = 9u − 7, Book = 4u − 2
• Ratio after: (9u − 7) : (4u − 2) = 2 : 1
• 9u − 7 = 2(4u − 2)
• 9u − 7 = 8u − 4
• u = 3
• Bag at first = 9 × 3 = $27

The bag cost $27 at first.
Check: Book $12. After sale: Bag $20, Book $10. 20 : 10 = 2 : 1. ✓