Step 1: Write the formula for percentage error.
The volume of a cuboid is
\[
V=lbh.
\]
Hence, the maximum relative error is
\[
\frac{\Delta V}{V}
=
\frac{\Delta l}{l}
+
\frac{\Delta b}{b}
+
\frac{\Delta h}{h}.
\]
Step 2: Use the given measurement error.
The scale has an error of
\[
0.01\text{ cm per cm},
\]
which means each dimension has a relative error of
\[
\frac{\Delta l}{l}
=
\frac{\Delta b}{b}
=
\frac{\Delta h}{h}
=
0.01.
\]
Therefore,
\[
\frac{\Delta V}{V}
=
0.01+0.01+0.01
=
0.03.
\]
Step 3: Find the percentage error.
Thus,
\[
\text{Percentage error}
=
0.03\times100
=
3\%.
\]
Hence,
\[
\boxed{3\%}.
\]
Thus,
\[
\boxed{(C)}
\]
is the correct answer.