A dad offered to pay his son $5 for every correct answer on his math test. His son said he would pay his Dad $8 for every incorrect answer. There were 26 questions on the test and no money was exchanged.
The son got 16 questions correct and missed 10. This means he owed his Dad 10 * $8 = $80, but his Dad owed him 16 * $5 = $80, so it was a wash.
Two math equations to solve it are x + y = 26 and 5x = 8y.