Final answer:
The song from 1972 that celebrates the end of the school year with lyrics like 'No more pencils, no more books' is 'School's Out' by Alice Cooper.
Step-by-step explanation:
The Top 10 hit from 1972 that features Alice Cooper exulting over "No more pencils, no more books" is A) "School's Out". This song is one of Alice Cooper's most recognizable tracks, capturing the youthful exuberance and rebellious spirit associated with the last day of school. It's iconic for its celebratory tone and has remained a perennial favorite particularly around the time when students conclude their school year.