Let the award money given for Tolerance, Kindness and Leadership be ₹x, ₹y and ₹z respectively.
Since, the total cash award is ₹1,200.
∴ x + y + z = 1200 ....(1)
Award money given by school P is ₹2,200.
∴ 3x + 2y + z = 2200 ....(2)
Award money given by school Q is ₹3,100.
∴ 4x + y + 3z = 3100 ....(3)
The above system of equations can be written in matrix form AX = B as
Hence, the award money for each value of Tolerance, Kindness and Leadership is ₹300, ₹400 and ₹500.
One more value which should be considered for award is Honesty.