Sandeep spends 32% of his annual income on food, 20% of the remaining income on travelling, and 35% of the remaining income on clothes, and still saves ₹70,720 per year. What is the annual income (in ₹) of Sandeep?

1
4,50,000
2
5,44,000
3
2,00,000
4
3,75,000

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