Hi there!
This is an example of a perfectly inelastic collection, so:
mb = mass of bullet
vb = velocity of bullet
mw = mass of watermelon
v = velocity final
mbvb = (mb + mw)v
Rearrange to solve for the velocity of the bullet:
vb = (mb + mw)v/mb
Plug in values:
vb = (0.038 + 3.2)(3.82)/(0.038) = 325.504 m/s