Put the equation into y = mx + b form:
y = -2x +1 now you hve slope, m m = -2 the perpindicular slope will be - 1/m = -1/-2 = 1/2
Now you have a point (3,4 ) and the slope.... can you find the equation of the line with slope = 1/2 and point 3,4 ?
draw that line..... then you can find the radius of your circle quite easily.....
Remember the equation of a circle? (x-h)^2 + (y-k)^2 = r^2 ???? (h,k) is the center of the circle......
Let us know what you find for an answer.....