SOLUTION: In order to encourage his son to study arithmetic, a father agrees to pay his boy $8 for every problem correctly solved and to fine him $5 for each incorrect solution. At the end

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Question 553034: In order to encourage his son to study arithmetic, a father agrees to pay his boy $8 for every problem correctly solved and to fine him $5 for each incorrect solution. At the end of 26 problems, neither owes anything to the other. How many problems did the boy solve correctly
Answer by htmentor(1343) About Me  (Show Source):
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In order to encourage his son to study arithmetic, a father agrees to pay his boy $8 for every problem correctly solved and to fine him $5 for each incorrect solution. At the end of 26 problems, neither owes anything to the other. How many problems did the boy solve correctly
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Let c = the number of correct problems
Let w = the number of wrong problems
At the end of 26 problems, the boy does not owe anything:
8c - 5w = 0
And since the total number is 26, the sum of the correct and incorrect problems totals 26:
c + w = 26
Solve for w in the 2nd equation and substitute in the 1st:
8c - 5(26-c) = 0
13c = 130
c = 10
So the boy solved 10 problems correctly
Check:
10*8 - 16*5 = 0 = 80 - 80