The correct option is B πI2(R22−R21)
We know that,
−→M=I→A
For the loop having radius R1, the magnetic moment is given by,
M1=I×πR212
The direction of M1 will be normally outwards.
For the loop having radius R2
M2=I×πR222
The direction of M2 will be normally inwards.
So, the net magnetic dipole moment will be
Mnet=M2−M1=IπR222−IπR212
Mnet=Iπ2(R22−R21)
Hence, option (B) is the correct answer.