f + o = 16
2f + 8o = 92
The easiest way I see to solve is by substitution. First, solve the first equation for f or o. Let's do f.
f = 16 - o
Now, the = means whatever is on either side are the same, so we can substitute 16 - 0 for f in the 2nd equation.
2(16 - o) + 8o = 92
32 - 2o + 8o = 92
6o = 60
o = 10 octupus
f = 16 - o
f = 16 - 10
f = 6 fish