Energy released is a chemical reaction that comes from

It comes from Chemical Bonds Between Atoms.

93.2 ml + 3920 ml = 4013 ml total  

(93.2 ml) * (2.03 m) / (4013 ml) = 0.0471 m

the volume in in l of the diluted solution would be 0.0471 m.

the old alchemists made significant contributions to science even though there starting premises were off a bit. their conclusions after failure would steer them into better directions for investigation. science is no more than close observation and the initial mistakes result in rethinking and retrying experiments.