We are given the equation for the height of the arrow. If you graph it, you see that it's a parabola and that the arrow kinda peaks and then falls back down. Another way of thinking about this problem is that you're looking for the time when the height is 0. You can see on the graph that there are two times that h=0. The first is obviously at t=0, when the arrow hasn't left the ground yet. The second is what we're looking for, when the arrow reaches the ground.
To solve this, let's set h=0. So 0=40t-5t^2. If you factor this, you get 5t(8-t) = 0. Continuing that leads to 5t=0 where t=0 which we already knew, and 8-t=0 where t=8. So that second time is when the arrow is back on the ground. Therefore your answer is 8 sec.
