A store buys a batch of goods, and the purchase price of each item is 120 yuan. If it is sold at 10% off the price of the item, it can still make a profit of 20%. What is the price of the item.
某商店购进一批货物，每件物品购进的价格是120元，如果按物品标价的九折出售，仍可获利20%．物品的标价是多少元．
<result>160</result>