We have to solve this problem using dimension.
The dimension of v is [v]=[LT−1]
Density d= mass/volume so [d]=[M]/[L3]=[ML−3]
Elasticity E= stress/strain, where strain is dimensionless
So dimesionally, E= stress = force/area or [E]=[MLT−2]/[L2]=[ML−1T−2]
Putting the dimension of each quantity in given equation,
[LT−1]=([ML−3]/[ML−1T−2])x=([L−2T−2])x
By the principle of homogeneity of dimension, equating the power,
1=−2x or x=−1/2