The motion of projectile is as shown in figure,
Let initial velocity of projection is u,
so initial kinetic energy is KE1=21mu2… (i)
At highest point, the vertical component of velocity is zero,
while the horizontal component is ucosθ, which is non-zero.
So, the kinetic energy at this point is KE2=21m(ucosθ)2=21mu2cos2θ =KE1cos260∘=4K (∵KE1=K and cos60∘=1/2)