Is this right? I’m confused and I would appreciate an explanation.

Let x be the distance from Syracuse where they pass. The first car travels a distance of x in time x/65 while the second car travels a distance 240-x in time (240-x)/55. They pass at the same time after leaving their starting points so x/65=(240-x)/55.
Cross-multiplying we get: 55x=65(240-x)=15600-65x, 120x=15600, x=15600/120=130 miles.
They pass 130 miles from Syracuse.