Or 99 x 99.
Gonna be drawing a lot of lines and counting a lot of intersections. I fail to see any advantages to their system.
99 x 99 = (100 -1) x (100 -1) = 100 x 100 - 200 + 1 = 9800 + 1 = 9801
would seem a lot simpler - can even do that one in your head.
76 x 47 = (80 - 4) x (50 - 3) = 4000 - 240 - 200 + 12 = 3560 +12 = 3572
Ok, a bit more difficult but still simpler than drawing all those lines.

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