Let x be the # of 5-cent stamps and y be the # of 8-cent stamps.
0.05x + 0.08y = 3.48
x + y = 48
Multiply the top equation by 20 and the bottom equation by -1.
x + 1.6y = 69.6
-x - y = -48
Eliminate the x's so we can focus on y.
0.6y = 21.6
y = 36
x + 36 = 48
x = 12
A boy will collect 12 five-cent stamps and 36 eight-cent stamps.