Let us formulate a system of equations to solve this problem.
Let x represent the number of students rode on each horse drawn carriage.
Let y represent the number of students rode on each sleigh ride.
4x + 5y = 132 Equation 1
6x + 4y = 156 Equation 2
We are going to use the elimination method to solve the system.
12x + 15y = 396 (Multiplying the first equation by 3)
12x + 8y = 312 (Multiplying the second equation by 2)
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7y = 84 ( Subtracting last form of equation 2 from last form of equation 1)
y=12 (Dividing on both sides of the equation by 7)
Replacing y=12 in the original form of Equation 1
4x + 5(12) = 132
4x + 60 = 132 (Multiplying)
4x = 72 (Subtracting 60 from both sides of the equation)
x= 18 (Dividing on both sides of the equation by 4)
The answer is 18 students rode on each horse drawn carriage and 12 students rode on each sleigh ride.