(c) Initial momentum of the system
${\overrightarrow{p}}_{1} = mv\widehat{i} + mv\widehat{j} \Rightarrow \left| {\overrightarrow{P}}_{i} \right| = \sqrt{2}mv$
Final momentum of the system $= 2mV$
By the law of conservation of momentum
$\sqrt{2}mv = 2mV \Rightarrow V = \frac{v}{\sqrt{2}}$