Consider the question. The student council sells scented erasers in the morning before school starts to help raise money for school dances. The local bookstore donated 48 boxes of erasers. There are 24 erasers in each box. If the student council sells the erasers for $0.75 each, how much money will they make?
What is the step-by-step reasoning process to arrive at the answer: 864?
There are 48 boxes x 24 erasers = 1,152 erasers. The student council will make 1,152 erasers x $0.75 = $864.