The slanting surface of the cone provides the normal reaction.
The normal reaction has 2 components.
The vertical component balances the weight of the particle
The horizontal component balances the centripetal force due to the movement of the particle in horizontal path.
Hence .....
Nsin∞= mv2/r
Ncos∞= mg .... where m is the mass of the particle.
tan∞=v2/rg
r=v2/gtan∞
Let us cosider the ht. at which the particle is present is h
h=rtan∞
h=v2/gtan∞ * tan∞
h=v2/g
PE=mgh=mg*v2/g
PE=mv2
KE=1/2*mv2
Therefore ....... PE=2*KE. [Relation]