The cost of manufacturing an item was ₹24,000, and 20% of it was spent on packaging and its shipment to a retailer. The manufacturer made a profit of 50%, while the retailer incurred a loss of 20% in selling it to a customer. At what price (in ₹) was the item sold by the retailer?

A

32,400

B

37,664

C

35,268

D

34,560