Volume of cone = (1/3)πr²h. Given r = 3.5 cm = 7/2 cm, h = 12 cm. V = (1/3) × (22/7) × (7/2)² × 12 = (1/3) × (22/7) × (49/4) × 12 = 22 × 7 = 154 cm³. Option A (308) would be without the 1/3 factor, option C (77) uses 6 instead of 12, and option D (231) is miscalculated.