Its right till you dont plug in the values. A way can be take logs in your original equation . This gives us $\ln (F)=\ln (k)+4\ln (R) $ differentiating we have $\frac {dF}{F}=\frac {4dr}{R} $ now multiplying by $100$ we have $\text {percent change in F}=4×7=28\text {percent} $