Concept:For a circle inscribed in a square, the diameter of the circle is equal to the side of the square.Explanation:Side of the square =2cm.So, diameter of the circle =2cm.Radius =2diameter=22cm=1cm.Area of a circle =πr2.Substitute π=722 and r=1cm:Area =722×(1cm)2=722cm2.722=3.1428…≈3.14cm2.Hence, the area of the circle is approximately 3.14cm2.