A coil A of radius R and number of turns n carries a current i and it is placed in a horizontal plane. A small conducting ring P of radius r(r<<R) is placed at a height y above the centre of the coil A as shown in the figure. Calculate the induced emf in the ring when the ring is allowed to fall freely. Express the induced emf as a function of instantaneous speed v of the falling ring and its height y above the centre of the coil A.