Official answer:
Whenever there's an introductory modifier followed by a comma on a Sentence Correction question, note that the object being modified should immediately follow the comma. This concept is frequently tested. Here, the object being modified (described as "one of the greatest scientific thinkers of the 1700s") is Pierre-Simon Laplace, so his name should immediately follow the comma. Once this problem has been identified, a quick vertical scan allows the elimination of all answers except (C). Then do a quick read of the whole sentence incorporating (C) to make sure it is correct.
(A), the sentence as written, is incorrect for the reason noted above.
(B) incorrectly implies that "our solar system" was one of the greatest scientific thinkers of the 1700s. (B) also uses the awkward "our solar system being created." As a verb from, being is weak and is almost never correct on the GMAT.
(D) structurally implies that Laplace himself pulled most of the gas toward the center to form the sun. (D) also uses the awkward "there was" construction. Note that the there was/is/are/were construction is not wrong per se, but it is indirect and weak. Therefore, when you see it, look for a stronger, more direct answer choice.
(E) has two problems. First, it is not a grammatically correct sentence. It would be if the first comma were eliminated, but since the first comma is not in the underlined portion, this is not an option. Also note that (E) subtly changes the emphasis of the sentence. In the original sentence, the main point is that Laplace first proposed the theory. The fact that he was a great scientific thinker is not the main point but serves as additional information. In (E), the main point is that Laplace was one of the greatest scientific thinkers of the 1700s, and his proposal of the theory becomes secondary. This is a subtle but important shift in the emphasis of the sentence, so look for an answer choice that maintains the emphasis of the original.
TAKEAWAY: Misplaced modifiers can create absurd unintended meanings; make sure the modifier is as close as possible to what it's modifying to avoid this error.
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Keep it simple. Keep it blank