We have the equation of motion
, where s is the displacement, a is the acceleration, u is the initial velocity and t is the time taken.
Here s = 300 m, u = 0 m/s, a = 9.81
Substituting
![300 = 0*t+(1)/(2) *9.8*t^2\\ \\ 4.9t^2 = 300\\ \\ t =7.82 seconds](https://img.qammunity.org/2019/formulas/physics/middle-school/pgrya1jy6lf929rthryoz53b47tvy6hlwl.png)
Now we have v = u+at, where v is the final velocity
Here u = 0 m/s, a= 9.81
and t = 7.82 seconds
Substituting
v = 0+9.8*7.82 = 76.68 m/s
The speed with which the penny strikes the ground = 76.68 m/s.