Let

be the change in the mass of the rocket during a small time interval

. So,

is the mass of the exhaust released from the rocket during the time interval

. Let

be the velocity of the rocket before the mass

is released,

be the velocity of the rocket after the mass

is released, and

be the velocity of the mass

after it is released. Conservation of momentum tells us that

Ignoring the second order term

gives


is the speed of the exhaust relative to the rocket, so answer (E) is correct.