As we know by the formula of bulk modulus
[tex]B = \frac{\Delta P}{-\Delta V/V}[/tex]
now we can rearrange it as
[tex]\Delta V/V = -\frac{\Delta P}{B}[/tex]
[tex]V_f - V = -V\frac{\Delta P}{B}[/tex]
now the final volume after pressure is applied is given as
[tex]V_f = V(1 - \frac{\Delta P}{B})[/tex]
now we know that
[tex]\Delta P = 3 \times 10^5 Pa[/tex]
[tex]V = 2^3 cm^3 = 8 cm^3[/tex]
[tex]B = 3.5 \times 10^9 N/m^2[/tex]
now plug in all data
[tex]V_f = 8(1 - \frac{3 \times 10^5}{3.5 \times 10^9})[/tex]
[tex]V_f = 7.999 cm^3[/tex]
so volume is above after pressure is applied over it