The initial speed is υ0=10. The horizontal component of velocity is
υ0cos600=0.5υ0=5
At the highest point of the trajectory of the projectile, its speed is 5m/s which is half the initial speed.
The time taken to reach the maximum height (when the vertical component of the speed becomes 0) is
0=υ0cos600=−gt
t=10(√32)10
t=0.866sec
The required time is t=0.866 sec