An asteroid of mass M is approaching earth, initially at a distance of 10Re with speed Vi. It hits the earth with a speed Vf (Consider Re and Me as radius and mass of the earth), then:
V2f=V2i+2GMeRe[1−110]
Kinetic energy of asteroid =12mv2i
P.E. of asteroid =−GMem10Re
Apply law of energy conservation
K1+P1=K2+P212mv2i−GMem10Re=12mv2f−GMemRev2i2−GMe10Re+GmeRe=v2f2v2i2+GMeRe[1−110]=v2f2v2f=v2i+2GMeRe[1−110]