Let the award money given for sincerity, truthfulness and helpfulness be ₹x, ₹y and ₹z respectively.
Since, the total cash award is ₹900.
∴ x + y + z = 900 ....(1)
Award money given by school A is ₹1,600.
∴ 3x + 2y + z = 1600 ....(2)
Award money given by school B is ₹2,300.
∴ 4x + y + 3z = 2300 ....(3)
The above system of equations can be written in matrix form CX = D as
Hence, the award money for each value of sincerity, truthfulness and helpfulness is ₹200, ₹300 and ₹400.
One more value which should be considered for award hardwork.