Answer:
Present age of son: 8 years.
Present age of father: 32 years.
Explanation:
Let x represent present age of the son and y represent present age of father.
We have been given that a man is four times as older as his son. 4 times of age of son would be
.
We can represent this information in an equation as:

We are also told that in four years time he will be three times as old.
Age of father in 4 years would be
.
We can represent this information in an equation as:

Upon substituting
in 2nd equation, we will get:






Therefore, the present age of son is 8 years.
Upon substituting
in equation
, we will get:

Therefore, the present age of father is 32 years.