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Depends on the diameter of the drive gear and the driven gear, much like the differential gear calculations. To calculate it you need the speedometer gear diameters in the transmission as well as the differential gears and the tire diameter.
Regardless of all the factors (tire size, gear ratio, speedo gears, etc., (which happen before the spinning of the cable) there should be a cable rpm that produces a 60 mph speedometer reading on the bench. I'd bet Jim has it right.
Ray
Assume you have a tire which makes 750 revolutions per mile and your car has a 3.70:1 differential. At 60 MPH, the driveshaft will be turning 2775 RPM.
Now assume the speedometer drive gear on your transmission output shaft has 8 teeth..... the appropriate number for a 3.70 differential. If the driven gear has 22 teeth then the speedo cable will be turning: