Very good.
Notice, how you do not need to calculate it directly
We have \(\displaystyle \frac{4}{3}\cdot\pi r^{3} = V_{0}\)
What percent increase in volume is: \(\displaystyle \frac{4}{3}\cdot\pi (1.2r)^{3} = V_{1}\)
With just a little manipulation, \(\displaystyle \frac{4}{3}\cdot\pi\cdot 1.2^{3}r^{3} = 1.2^{3}\cdot V_{0} = V_{1}\)
And finally, \(\displaystyle 1.2^{3} = 1.728\) and we have the same correct result that you obtained.
Can you apply this methodology to the other problem type?
We have \(\displaystyle \frac{4}{3}\cdot\pi r_{0}^{3} = V\)
What percent decrease in radius is: \(\displaystyle \frac{4}{3}\cdot\pi r_{1}^{3} = (1 - 0.30)\cdot V = 0.70\cdot V\)