The unknown velocity of the skater at point Y
As the skater climbs the ramp, the velocity decreases because the acceleration due to gravity opposes the motion of the skater. Thus, at point X, the velocity will definitely be less than the velocity of the skater at the bottom of the ramp. Hence, logically, at point Y, the velocity will still be lower than at point X. So, to find the unknown velocity at point Y, centripetal force can be used because at X, the skater takes a turn with his/her own weight in a semi-circular path XYZ. But, to note, since the ramp is inclined, not the entire weight of the skater is used to turn, as some part of the weight is balanced by the ramp itself by the contact force, such as normal reaction. Hence, a component of the weight of the skater equating it to the centripetal force formula gives the value of the unknown velocity at Y.