If you adjust the price of a commodity and sell it at 20% discount, the profit margin of the commodity is 10%, and the purchase price of the commodity is 1600 yuan. How much is the price of the commodity? You need to explain the equation once a yuan

The price of goods is x yuan. 0.8x 1600 × 10% - = 1600 0.8x = 1600 + 1600 0.8x = 1760 x = 2200

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