The specific gravity is the ratio of the substances density to that of water at 4 degrees Celsius. With this, it is conclusive that the density of iron is 7.87 g/cm³. The volume occupied by the iron is the quotient when mass is divided by density,
V = m / D = (7 g) / (7.87 g/cm³) = 0.89 cm³
Therefore, 7 grams of iron occupies approximately 0.89 cm³.