Answer: the velocity in the y component is -2m/s
Explanation: Here we must apply the conservation of the linear momentum. 
In the initial scenario, both objects move in the x-direction, so the total momentum in y is equal to zero because momentum is Py = m*vy 
In this scenario, we only have momentum in x, but that does not matter in this problem. 
Now, after the collision, the object of m = 0.2kg, has a velocity in y of vy1 = 1m/s, then the momentum of this object is Py1 = 0.2kg*1m/s = 0.2kg*m/s 
Now we apply the conservation, before the impact we have that the total momentum in y is zero, so we have now that: 
Py1 + Py2 = 0 = 0.2kg*m/s + Py2 
and Py2 = 0.1kg*vy2 
0.1kg*vy2 = 0.2kg*m/s 
vy1 = -(0.2kg*m/s)/(0.1kg) = -2m/s