$A$ uniform current-carrying ring of mass $m$ and radius $R$ is suspended by a massless string as shown. $A$ uniform magnetic field $B_0$ exists in the region to keep the ring in a horizontal position. Determine the current $I$ in the ring.

  • A
    $\frac{mg}{\pi R B_0}$
  • B
    $\frac{mg}{R B_0}$
  • C
    $\frac{mg}{3\pi R B_0}$
  • D
    $\frac{mgl}{\pi R^2 B_0}$

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