Answer
$16 cm^3$
Work Step by Step
Volume, $V=\pi r^2 h$
Write the differential form such as follows:
$dV=\dfrac{\partial V}{\partial r} \times dr + \dfrac{\partial V}{\partial h} \times dh$
$dV=[ 2 \pi r h] \times dr+[ \pi r^2] \times dh$
$dV=(96 \pi) \times (0.04) +(16 \pi) (0.08) \approx 16 cm^3$