Step 1: Define the three counts.
Let $C$, $W$, $U$ be the numbers of correct, wrong and unanswered questions, with $C + W + U = 160$.
Step 2: Write the first scoring scheme.
Plus 1 for correct, minus $\tfrac14$ for wrong, minus $\tfrac12$ for blank gives $C - 0.25W - 0.5U = 79$.
Step 3: Write the second scoring scheme.
Now minus $\tfrac12$ for wrong and minus $\tfrac14$ for blank gives $C - 0.5W - 0.25U = 76$.
Step 4: Subtract to relate W and U.
Subtracting the second from the first: $0.25W - 0.25U = 3$, so $W - U = 12$.
Step 5: Reduce to one unknown.
Add the two scoring equations: $2C - 0.75W - 0.75U = 155$, i.e. $2C - 0.75(W+U) = 155$. Since $W + U = 160 - C$, this becomes $2C - 0.75(160 - C) = 155$.
Step 6: Solve for C.
Expand: $2C - 120 + 0.75C = 155$, so $2.75C = 275$ and $C = 100$.
\[ \boxed{100} \]