Question

Munsons sporting goods purchases bowling balls from the manufacture for a whole sale price of $65 each.The retail price of the bowling balls reflect a 60% increase over the whole sale price. What is the retail price of a bowling ball?

Answer 1

Some price $p$ was increased by 60% to get $65.

So we get
$p+p*\frac{60}{100}=65$
⇒$1.6p=65$
⇒$p=40.625$

which rounds to $40.63 as the retail price.