19 × 120 = 2,280
Let the average ticket price for all 20 friends be x.
The 20th friend paid Rs 38 more than the average cost, i.e., x + 38.
19 × 120 + (x + 38) = 20x
2280 + x + 38 = 20x
2318 = 20x - x
2318 = 19x
x = 122
20 × 122 = 2,440
Thus, the correct answer is Rs 2,440 (Option B).