Correct option is : (d) 500 ms-1
Time taken by the bullet and ball in reaching the ground

⇒ v2 = 100 ms-1
Now according to the principle of conservation of linear momentum
m x v = mv1 + mv2
or 0.01 x v = 0.2 x 0.2 + 0.01 x 100 = 4 + 1 = 5
\(\therefore\ v = \frac{5}{0.01 } = 500\ ms^{-1}\)
∴ Option (d) is correct.