There is no one answer (ordered pair) to this equation and the answer is found by graphing or trying out different values for each variable. Anyway, here are some solutions; (1,0), (4,1), (0,-1/3).
The perimeter will be the perimeter of the real thing divided by 1.2 .
The area will be the area of the real thing divided by (1.2)² .
7y=-24
y= -24/7
You have to add the two vaiables and then divide to get the y by itself.