Most likely they want you to compare energy density, that is, energy per unit volume. Billnotgatez already gave you a good hint. But take 1 liter of each of your fuels and compare how much energy you would have if you combusted all of it with 100% efficiency. Remember, one of your fuels is 90% octane, 10% ethanol, not 100% ethanol as your attempt showed.
You'll have to assume that the mixture is ideal (that is, the two substances stay essentially separate even when they're mixed).