The output of the circuit is 1.22 Vin.
Inverting op-amp configuration, positive and negative feedback. Looking at positive terminal, we can see the voltage is the output voltage through the voltage divider, or 1/11 Vout. Ideal conditions, no current flows into the inputs, thus Vn = Vp, node equations give Vin - Vn = Vn - Vout.
The final expression is Vout = -1.22 Vin. Note the negative output, we can confirm because we have an inverting op-amp configuration.