I see no approximation at all here- except for references by Slimsta about "dl" when he should be referring to dl/dt. No, dV is NOT "3l2". In terms of "differentials", which I see no need to use here, dV= 3l2dl- and the "dl" is important.
Am I missing something? Mark44 says, "the goal of this problem is to approximate \Delta V" and I see no reference to Delta V in the problem.
Slimsta, do you understand that, the way the derivative is normally defined, "dl/dt" (as well as dV/dl and dV/dt) are NOT fractions? You need to be careful about that. You typically can treat derivatives as if they were fractions but taking that too literally can be dangerous.
Since V= l3, dV/dl= 3l2 and you are told that dl/dt= -3.1. Okay, when l= 10, what is dV/dl? What is dV/dt= (dV/dl)(dl/dt)?
I am also a little uncomfortable with talking about the differentials as "infinitesmally small numbers". That certainly can be done, but just defining "infinitesmally small" requires some very deep math and I think you are better of defining the derivative in terms of the limit as is normally done.