Two people, A and B, deposited a few dollars in the bank. It is known that one quarter of Party A's deposit is equal to one fifth of Party B's deposit, and it is known that Party B has more 24 yuan than Party A. How much is each?

Solution: let a have a yuan and b yuan.

1/4a= 1/5b

b-a=24

solve

a=96

b= 120