Since the rectangular piece of paper has two halves of a circle cut out, then to find the remaining area you can subtract the area of the rectangle minus the area of the circle.

The formula to find the area of a rectangle is:

![\begin{gathered} A_{\text{rectangle}}=l\cdot w \\ l=31\operatorname{cm} \\ w=14\operatorname{cm} \\ A_{\text{rectangle}}=31\operatorname{cm}\cdot14\operatorname{cm} \\ A_{\text{rectangle}}=434\operatorname{cm}^2 \end{gathered}]()
The formula to find the area of a circle is:



Finally, the area of the paper that remains is 280.14 cm².
![\begin{gathered} A_{\text{remains}}=A_{\text{ rectangle}}-A_{\text{ circle}} \\ A_{\text{remains}}=434\operatorname{cm}-153.86cm^2 \\ A_{\text{remains}}=280.14cm^2 \end{gathered}]()