PRICING STRATEGY ASYNCHRONOUS ACTIVITY 3 (40POINTS) 1. Bags Incorporated will be selling a hand-crafted bag, the cost of the bag is 800 pesos, they decided to offer a free shipping to the customers and the shipping fee would cost 150. The team decided to mark up at 50%. How much is the Selling Price? 2. A trader bought a stock that cost 500, and the trader sells it for 1200. Compute for the Gross Profit Margin, Margin % and Mark up %. 3. 3. A computer shop is selling a set of computers ate 15,200, the cost of the computer set when they buy it in the supplier is 14,800, plus shipping fee of 400 in transporting the computer set heading to their office. Question: 3.1. How much is the mark up percentage? 3.2. Did the seller earn profit from it? Why?