Let be "x" and "y" the two positive numbers mentioned in the exercise.
You need to remember the following definitions:
- A Difference is the result of a Subtraction.
- A Product is the result of a Multiplication.
In this case, you know that their Difference is 12 and their Product is 693. So you can set up this System of Equations:

You can solve the System of Equation using the Substitution Method:
1. You can solve for the variable "x" from the first equation:

2. Substitute this new equation into the second original equation and simplify:

3. Now you have to solve for "y", in order to find its value:
- Rewrite the equation in this form:

Since it is the variable "y":

Then:

4. Use the Quadratic Formula to find the values of "y". The formula would be:
![y=\frac{-b\pm\sqrt[]{b^2-4ac}}{2a}](https://img.qammunity.org/2023/formulas/mathematics/college/gfo69urp8rw17yg122uzk6md9epfe1uf75.png)
In this case:

Then, substituting values and evaluating, you get:
![\begin{gathered} y=\frac{-12\pm\sqrt[]{(12)^2-(4)(1)(-693)}}{(2)(1)} \\ \\ y_1=-33 \\ y_2=21 \end{gathered}](https://img.qammunity.org/2023/formulas/mathematics/high-school/eg62ayoj5kuitzw1m8kggw4700atf4al04.png)
5. Since the numbers mentioned in the exercise are both positive, you must choose only the positive values. Therefore:

6. To find the value of "x", you have to substitute the value of "y" into the equation

Then:

7. Finally, you have to solve the Addition:

The answer is:
