A gross of pencils is 144 pencils.
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A gross (a dozen dozen) is equal to 144. Therefore you would have 432 pencils.
144*3=432
Cost of each pencil is: 9.75/39. Or, .25 each. A gross is 144 items. So, a gross of pencils would cost 36. Of course, a gross is a unit of quantity where there is often a discount from the single unit price. So a gross of pencils may have a price less than 144 times the single unit price.
A box with 144 pencils in. A gross refers to a group of 144 items (a dozen dozen or a square dozen).
You just used many pencils in a sentence.