A person borrows Rs. 66000 at the rate of 10 percent per annum on simple interest for 4 years. He immediately lends it to another person at the rate of 12.5 percent per annum on simple interest for 4 years. What is the value of gain per year?

1
Rs. 1660
2
Rs. 1550
3
Rs. 1650
4
Rs. 1780

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