Answer:
C. The student body will hold several fundraising events to raise the necessary funds to hold the prom.
Step-by-step explanation:
According to the passage, the solution to the problem of raising money for the prom is provided by the fact that students will organize several events, such as car washes, rummage sales and recycling drive.
The rest of the alternatives are incorrect because they are either inaccurate or not mentioned in the text.