Case Study - 1
A scholarship is a sum of money provided to a student to help him or her pay for education. Some students are granted scholarships based on their academic achievements, while others are rewarded based on their financial needs.
Every year a school offers scholarships to girl children and meritorious achievers based on certain criteria. In the session 2022-23, the school offered monthly scholarship of ₹ 3,000 each to some girl students and ₹ 4,000 each to meritorious achievers in academics as well as sports.
In all, 50 students were given the scholarships and monthly expenditure incurred by the school on scholarships was ₹ 1,80,000.
Based on the above information, answer the following questions:
(i) Express the given information algebraically using matrices.
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