The related equation is
F = G mE mM/d^2
Given the distance between the two:
F = G mE mM/(384000-d^2)
mM is 1.2 of mE and applying law of proportionality:
mE/d^2 = 0.012 mE/(384000-d^2)
Solving for d using the calculator, the answer is
d1 =5.88x10^5 km and d2 =2.86 x10^5 km.
The net gravitation is the distance where d2 =2.86 x10^5 km. There is no physical meaning when d1 =5.88x10^5 km