component of the earth's magnetic field,Bo.Thus,Bo isnegligible.

According to the inverse square law of magnefism,

magnetic field induction B due to the bar magnet
decreases as we move away from it.At ceytain pointsaround the bar magnet,B and
Boare eghal in
magnitude and opposite in direction/Therefore,theycancel each other owt,and the
resultant magnetic fieldis zero.
Thus,the point where magnetic field induction B dueto a bar magnet is equar in
magnitude and opposite indirection to the horizontal component of the earth's
magnetic field induction,Bo,is called a neutral point.
When the magnet is placed with its N-pole towards theearth's sonth,the two neutral
points in this position lieon the Axial line each equidistant 'd'from the
middlepoint of the magnet on either side of the magnet andthe intensity at either
neutral points is given by-