Ram is able to sell a hand-carved statue for $770 which was a 10% profit over his cost. How much did the statue originally cost him?  Choose the correct choice.
A) $496.30
B) $512.40
C) $555.40
D) $700
E) $588.20
Cost price = 770/110*100= 
<gadget id="calculator">770/110*100</gadget>
<output>700</output>
700   Answer : $700
<result>D</result>
Ram is able to sell a hand-carved statue for $770 which was a 10% profit over his cost. How much did the statue originally cost him?