A person spends 30.1% of his monthly income on groceries. From the remaining amount, he spends 20.1% on rent. Then, he uses <divclass="katex−display"><spanclass="katex−display"><spanclass="katex"><spanclass="katex−mathml"><mathxmlns="http://www.w3.org/1998/Math/MathML"display="block"><semantics><mrow><mfrac><mn>1</mn><mn>4</mn></mfrac></mrow><annotationencoding="application/x−tex">41</annotation></semantics></math></span><spanclass="katex−html"aria−hidden="true"><spanclass="base"><spanclass="strut"style="height:2.0074em;vertical−align:−0.686em;"></span><spanclass="mord"><spanclass="mopennulldelimiter"></span><spanclass="mfrac"><spanclass="vlist−tvlist−t2"><spanclass="vlist−r"><spanclass="vlist"style="height:1.3214em;"><spanstyle="top:−2.314em;"><spanclass="pstrut"style="height:3em;"></span><spanclass="mord"><spanclass="mord">4</span></span></span><spanstyle="top:−3.23em;"><spanclass="pstrut"style="height:3em;"></span><spanclass="frac−line"style="border−bottom−width:0.04em;"></span></span><spanstyle="top:−3.677em;"><spanclass="pstrut"style="height:3em;"></span><spanclass="mord"><spanclass="mord">1</span></span></span></span><spanclass="vlist−s"></span></span><spanclass="vlist−r"><spanclass="vlist"style="height:0.686em;"><span></span></span></span></span></span><spanclass="mclosenulldelimiter"></span></span></span></span></span></span></div> of the remaining income for EMI payments. If he saves Rs 1260 after all these expenses, what is his approximate monthly income?