Consider the following solution:
$$ \lim\limits_{(x, y) \to (0, 0)} \dfrac{xy^4}{x^4+y^4}$$
Divide both numerator and denominator by $y^4$
$$ = \lim\limits_{(x, y) \to (0, 0)} \dfrac{x}{\left(\dfrac{x}{y}\right)^4+1}$$
$$ = \dfrac{ \lim\limits_{(x, y) \to (0, 0)}x}{ \lim\limits_{(x, y) \to (0, 0)}\left(\dfrac{x}{y}\right)^4+1}$$
The numerator is 0 and the denominator is non-zero, hence the limit is 0
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Are you satisfied with this solution, if not, why?
Edit: Thank You for the help guys.
My mistake was looking at the final limit and not paying attention to how I got to that stage, "by dividing both numerator and denominator by y^4", that step itself is not allowed because y can be 0.
The above solution will be complete if I include another case where $y=0$, because when you divide by $y^4$, you are implicitly stating that y is not 0.
What you have shown is that assuming $y\neq 0$ the limit is zero but it doesn't suffice.
What matter is that for $y\neq 0$
$$ \dfrac{|x|}{\left(\dfrac{x}{y}\right)^4+1} \le |x| \to 0$$
and since for $y=0 \implies \dfrac{xy^4}{x^4+y^4}=0$ the proof is complete.