Volume of rod, V=Al=abl
where l is the length and a and b are dimensions of cross-section.
If area of cross section (ab) remains same,
Δaa=−Δbb
Poisson's ratio is defined as
σ=−ΔaaΔll=ΔbbΔll
V=abl
⇒ΔVV=∣∣∣Δaa∣∣∣+∣∣∣Δbb∣∣∣+∣∣∣Δll∣∣∣=2Δaa+Δll
=−2σΔll+Δll
⇒ΔVV=Δll(1−2σ)=−1×(1−2×0.2)
=−1(1−0.4)=−0.6
∴ The volume approximately decreases by 0.6%.