Solution: If the experimental fund allocated by the school to the primary school is X yuan, then the experimental fund allocated by the school to the middle school is 48,400-X yuan.

Then this leads to the meaning of the question:

1 * x = 1*(48400-x) 8.

Multiply both sides of the above formula by 24 to get:

8x=3(48400-x)

8x= 145200-3x

1 1x= 145200

Solution: x= 13200

Therefore, the experimental funds allocated by the school to this primary school are 13200 yuan.