Brain-Teaser 4: [Digit substitution]

From The Sunday Times, 19th March 1961 [link]

The following is the test paper which Tom showed up:

8 + 7 = 62
59 + 4 = 50
5 + 3 = 5
11 × 1 = 55
12 + 8 = 23

Naturally Miss Monk put five crosses on it. But Tom was indignant; for he was a self-taught boy and proud of his achievement. After some persuasion his teacher agreed to test him orally in addition and multiplication. This time Tom answered every question correctly.

Miss Monk was puzzled and then horrified when she discovered that although Tom had learnt to use arabic symbols he had ascribed to each an incorrect value. Fortunately he knew the meaning of + and × [and =].

If Tom were presented with the written problem: 751 × 7, what would his answer be?

This puzzle was originally published with no title.

[teaser4]