A container is $1/8$ full of water. After $10$ cups of water are added, the container is $3/4$ full. What is the volume of the container, in cups?
Ok, I wrote out an equation: $$\frac{1}{8}V + 10C = \frac{3}{4}V$$ I realized that it was asking for the volume of the container in CUPS.
Then I changed it to $\frac{1}{8}C + 10 = \frac{3}{4}C$ since I want to find the total volume of the container.
Then the answer came out to be $$10 = \frac{5}{8}C$$ in which $C$ is equal to $16$.
Is this the right way of solving the problem?
The two equations were both basically equivalent, but in the first, you were dealing with volumes $V$ with unspecified unit, and you were explicitly adding $10$ of the unit "cups"
In the second though, you were now dealing with $C$ where $C$ is the volume of the vessel in cups.
Ultimately, it doesn't matter. If you solve the first, you will get $V=16C$, i.e. that the volume is equal to $16$ times the volume of one Cup, which is $16$ cups; the same as for the second, where you got the volume, in cups, as $16$.
In summary, yes, this is correct.