Answer
$v_{_y}= 52.4m/s$
Work Step by Step
The initial horizontal velocity is equal to the final horizontal velocity,
so $v_x= 53.78m/s$
$K=\frac{1}{2}m(v_{_x}^2 +v_{_y}^2)$
$(v_{_x}^2 +v_{_y}^2)=\frac{2K}{m}$
$v_{_y}^2=\frac{2K}{m}-v_{_x}^2 $
$v_{_y}=\sqrt {\frac{2K}{m}-v_{_x}^2} $
$v_{_y}=\sqrt {\frac{2\times1550J}{0.55kg}-53.78_{m/s}^2} $
$v_{_y}= 52.4m/s$