Use the momentum balance (total momentum is conserved in any collision with no external net force on your system: the BB and P) in both x and y directions:
7.5 kg (6.42 m/s) cos(0°) = 7.5 kg(vxBB) + (1.6 kg)(14.8 m/s) cos(-48°) x component of momentum
Do the same for y component with vyBB and sines instead of cosines. .
Solve for vx and vy (Note you can just say 0 for the momentum in the y direction before the collision because the direction of the momentum is only in x. Of course, you get that when you plug in sin(0)