Given:
Magnetic moment of the magnetic dipole, M = 1.44 A-m2
Horizontal component of Earth's magnetic field, BH = 18 μT
We know that for a magnetic dipole with pole pointing to the north, the neutral point always lies in the broadside-on position.
Let d be the perpendicular distance of the neutral point from mid point of the magnet.
The magnetic field due to the dipole at the broadside-on position (B) is given by
This magnetic field strength should be equal to the horizontal component of Earth's magnetic field at that point, that is, BH due to Earth.
Thus,