You didn't provide the "given point", but I assume you're capable of plugging it in.
It's always easier to understand a concept by looking at specific examples with pictures, so I suggest looking at the dilation examples below first...before you try to internalize the steps listed below and that explain the general formula for dilating a point with coordinates of (2,4) by a scale factor of <span><span>12</span><span>12</span></span>.
<span><span>1) multiply both coordinates by scale factor<span>(<span><span>2⋅<span>12</span>,4⋅<span>12</span></span><span>2⋅<span>12</span>,4⋅<span>12</span></span></span>)</span></span><span>2)
2. Simplify(1,2)</span><span>3)
3. Graph(if required)<span> </span></span></span>
You would do 1/4 and get the answer plus 3/8s answer