Step 1: Let the perpendicular sides of the right triangle be \(a\) and \(b\).
Since the hypotenuse is \(h\), by Pythagoras theorem,
\[
a^2+b^2=h^2
\]
The area of the right angled triangle is
\[
A=\frac{1}{2}ab
\]
Step 2: Use the condition for maximum product.
For fixed value of
\[
a^2+b^2,
\]
the product \(ab\) is maximum when
\[
a=b
\]
So, let
\[
a=b
\]
Then,
\[
a^2+a^2=h^2
\]
\[
2a^2=h^2
\]
\[
a^2=\frac{h^2}{2}
\]
Step 3: Find the maximum area.
The maximum area is
\[
A_{\max}=\frac{1}{2}a^2
\]
Substituting
\[
a^2=\frac{h^2}{2},
\]
we get
\[
A_{\max}=\frac{1}{2}\cdot \frac{h^2}{2}
\]
\[
A_{\max}=\frac{h^2}{4}
\]
Step 4: Final conclusion.
Hence, the maximum area of the right angled triangle is
\[
\boxed{\frac{h^2}{4}}
\]