Answer
By conservation of energy, Potential Energy + Kinetic Energy = constant.
Height is same considering the point of release and point at which the hand receives the object is same, Potential energy is same. It implies Kinetic energy is also same. Hence, the speed will be same, as Kinetic energy is proportional to $(velocity)^{2}$.
Work Step by Step
By conservation of energy, Potential Energy + Kinetic Energy = constant.
Height is same considering the point of release and point at which the hand receives the object is same, Potential energy is same. It implies Kinetic energy is also same. Hence, the speed will be same, as Kinetic energy is proportional to $(velocity)^{2}$.