Answer:
KE + PE = constant conservation of energy
At 50 m KE = zero and PE = m g h
PE = 700 kg* 9.80 m/s^2 * 50 m = 343,000 Joules
PE + KE = 343,000 J
At point R
PE = 343,000 J - 1/2 * 700 kg * 400 m^2 / s^2 = 203,000 J
m g h = 203,000 J at point R
h = 203,000 J / (700 kg * 9.80 m/s^2 = 29.6 m height of point R
Check:
343,000 = 700 * 9.80 * 29.6 + 350 * 400 = 343,000
Adding PE and KE at point R