After allowing a discount of 12.5%, the shopkeeper makes a profit of 25% on a bag. At what percent higher than the cost price did he mark the bag? (correct to the nearest integer)

35% 43% 41% 38%

43%

CP                    MP       100 - D%           100 + P%      100 - 12.5%       100 + 25%          87.5                     125 Markup % = (125 - 87.5) × \(\frac{100}{87.5}\)  = 43%