Let the one number be x and the other number be y.
It is given that the sum of the numbers is 95,
therefore, we have: x+y=95....(1)
It is also given that one number exceeds the other by 3 which means:
x=y+3⇒x−y=3....(2)
Now, we add equations 1 and 2 as follows:
x+y+x−y=95+3⇒(x+x)+(y−y)=98⇒2x=98⇒x=982⇒x=49
Now, substitute the value of x in equation (2) to find the value of y as shown below:
x−y=3⇒49−y=3⇒y=49−3⇒y=46
Therefore, the two numbers are x=49 and y=46 and the product of the numbers is: x×y=49×46=2254.
Hence, the product of the numbers is 2254.