To find the volume of the pyramid, we need to use the formula: volume = (base area * height) / 3.
The base of the pyramid is a rectangle, so the base area is length * width. Plugging in the values given, the base area is 10 cm * 7 cm = 70 cm^2.
The height of the pyramid is given as 11 cm.
Using the formula for volume, we have:
volume = (70 cm^2 * 11 cm) / 3
volume = 770 cm^3 / 3
volume = 256.67 cm^3
Therefore, the volume of the pyramid is approximately 256.67 cm^3.