@PrateekMourya The laptop is about five years old, and it is a fairly basic laptop, but it will still work fine with Windows 10 and with an SSD would be pretty fast.
You do not need to worry about any oscillations the ball makes. The question just asks for the equilibrium position i.e. the position when any oscillations have ceased.
It is just $\rho_L = \rho_0(4 - 3h/h_0) = (5/2)\rho_0$
I would guess this is done by calculating the rate of change of momentum of the water at the bottom end of the tube to calculate the pressure.
Then subtract ρgh₀ and that gives you the pressure at the top of the tube. Then use Toricelli's equation to calculate the exit velocity at the top of the tube.