Jim is able to sell a hand-carved statue for $660 which was a 20% profit over his cost. How much did the statue originally cost him?	Choose the correct choice from the following answers
A) $496.30	B) $512.40	C) $550	D) $574.90	E) $588.20
$550ost Price = 660/120 * 100= 
<gadget id="calculator">660/120 * 100</gadget>
<output>550</output>
550   Answer : $550
<result>C</result>
Jim is able to sell a hand-carved statue for $660 which was a 20% profit over his cost. How much did the statue originally cost him?