“…Among the researchers working in the field of nanotechnology, magnetic nanoparticles have attracted intense experimental activities because of their potential applications in a numerous different industries such as storage of information [4], ferrofluid [5], audio and video recording [6], bioprocess [7] gas sensor [8][9][10][11][12][13], refrigeration systems [14], information storage [15], medical applications [16], magnetic resonance imaging [17], catalyst [18,19], magnetooptic [20], and removal of heavy metals [38,39].…”