y-k = f(x-h) shifts the graph of f(x) right by h and up by k.
y/a = f(x/b) scales by a factor of a vertically and b horizontally.
So, I assume you want the shifted graph given by
y/(7/3) = |x+48|
or
y = 3/7 |x+48|
The graph of y = |x| is shifted left 48 and vertically compressed by a factor of 3/7
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