Saurabh spends 20% of his monthly income on the education of his children. He spends 30% of the remaining on coveyance and clothes. Further, he spends 50% of the amount still with him on rent and maintenance of the house. After all the expenditure, he sends 50% of the amount still with him to his parents. He saves the remaining Rs. 11,200. 

What is his monthly income?

1
Rs. 86,000
2
Rs. 11,200
3
Rs. 1,00,000
4
Rs. 80,000

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