I understand this sounds ridiculous at first but I got asked this question by a supply teacher $3$ days ago and I haven't been able to answer it so it's driving me insane.
I got given two hints:
It's over $10$ fingers
because we have $10$ fingers we count in base $10$ which is why for us $7\times7=49$
The question is equivalent to $ 7 \times 7 = 4 \times n + 1 $, and solve for $n$ (the number of fingers). Hence $n = 12$.