Figure shows two parallel and coaxial loops. The smaller loop (radius r) is above the larger loop (radius R), by distance x (x>>R). The magnetic field due to current i in the larger loop is nearly constant throughout the smaller loop. Suppose that x is increasing at a constant rate of dxdt=v. The induced emf in the smaller loop is
We know that,
ϵ=−dϕdt
dϕdt=μ0iπR2r22ddt(1x3)
dϕdt=μ0iπR2r22(−3x4)(dxdt)
As dxdt=v
ϵ=−dϕdt=3μ0πiR2r2v2x4