Given,
Red balloons = 36, Yellow balloons = 48.
The greatest number of equal bunches with no balloons left over is the HCF of 36 and 48.
Prime factorisation of 36 and 48:
$$\begin{array}{l|r} 2 & 36 \\ \hline 2 & 18 \\ \hline 3 & 9 \\ \hline 3 & 3 \\ \hline & 1 \end{array} \quad \text{ and } \quad \begin{array}{l|r} 2 & 48 \\ \hline 2 & 24 \\ \hline 2 & 12 \\ \hline 2 & 6 \\ \hline 3 & 3 \\ \hline & 1 \end{array}$$
⇒ 36 = 22 × 32
⇒ 48 = 24 × 3
⇒ HCF = 22 × 3 = 4 × 3 = 12
(a) The greatest number of bunches she can make = 12.
(b) Number of red balloons in each bunch = $\frac{36}{12}$ = 3
Number of yellow balloons in each bunch = $\frac{48}{12}$ = 4
Hence, each bunch will have 3 red and 4 yellow balloons.