Several years ago, Winston invested in some gold. Gold is currently valued at $546 per ounce, which is 30% more than Winston originally paid for it. What was the purchase price of the gold?

Ineed to know the answer to this algebra question.

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Handsome jack is buying a pony made of diamonds. the price of the pony is p dollars, and jack also has to pay a 25% diamond pony tax. which of the following expressions could represent how much jack pays in total for the pony?