Answer:
PE (relative to water) = M g h
PE = 1200 kg * 9.8 m/s^2 * 24 m = 2.82E5 Joules
KE = PE when vehicle strikes water
1/2 M V^2 = 2.82E5
V = (2.82E5 * 2 / 1200)^1/2 = 21.7 m/s
Check:
M g h = 1/2 M V^2
V = (2 g h)^1/2 = (2 * 9.8 * 24)^1/2 = 21.7 m/s