Lets consider two sacks full of sand kept on a stand. One has a hole and the other one doesn't. Put both of them on a very slippery surface (assume $\mu$ to be zero) and give a push.
Now equation of motion for both of will be different, right?
Equation of motion for sack with hole would be: $$F_x = m (\frac{dv}{dt}) + v (\frac{dm}{dt}) = 0 $$ $$F_y = M_{inst} g$$ Similarly for sack without hole would be: $$F_x = m (\frac{dv}{dt}) = 0$$ $$F_y = m g$$ Now when I solve these equations I was doubtful in the case with the hole. I found that solving the first equation above gives me: $$mv = constant $$ That means $v$ is changing w.r.t. time, but what bothers me is physically what is changing its velocity?