According to archemedis. principle
Wt of liquid displaced = Wt. of the body inserted
thus
VDg=vdg where D and V are density and volume of the iceberg
and d and v are density and volume of the water displaced
fraction of total volume outside will be
(V-v)/V = ?
1 - v/V=1-D/d ....{from above condition}
=1 - 92/103
=(103-92)/103
= .107
i.e 11% (approx)