The height is proportional to the kinetic energy of the projectile. So the ratio of the two KEs is 5.4/2.2 = 2.45.
 KE is proportional to velocity squared, so velocity is proportional to the square root of the KE, which is √2.45 = 1.57, which is the answer. 
 To explain it more in detailed: 
 
 KE = PE = mgh, which displays you the KE and height proportionality. 
 
 KE = ½mV² or 
 
 V = √(2KE/m) which shows you the other proportionality 
 
 combining 
 
 V = √(2mgh/m) = √(2gh) 
 
 V₁/V₂ = √(2gh₁) / √(2gh₂) = √(h₁/h₂) = √(5.4/2.2) = 1.57