A person invests 50% of his salary in a fixed deposit. Out of the remaining salary, he pays 10% for rent, spends 60% on miscellaneous expenditure, and saves Rs. 7200. What will be the salary of the person?

1
Rs. 24000
2
Rs. 4800
3
Rs. 48000
4
Rs. 60000
5
Rs. 72000

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