Question

Vikram allocates his income in the following manner: 20% is spent on essentials. After essentials, he uses 20% of the balance on food. He spends one-fourth of the remaining amount on transport. Following these expenses, he spends 25% of what's left on entertainment. He saves the remaining sum, which amounts to Rs. 45,000. Calculate his total income.

A Rs. 1,20,000
B Rs. 1,25,000
C Rs. 1,30,000
D Rs. 1,40,000
E None of these
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