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ohmhead:
I am sorry but you do not know how a conventional DC voltmeter works. You need to erase some of your misconceptions.
I indicated experiments for you to run. When you run these experiments you will find the results contradict your current concept.
I am now adding to the experiments.
The experiment now consists of two load resistors in addition to whatever small load the meters add in parallel to the load resistors. I used a 1 megohm 1/2 watt and a 150,000 ohm 1/2 W in the data that follows. The values are not too critical. 0.47 to 2.2 megs 1/2 W could be used in place of the 1 meg. 47,000 ohm to 150,000 1/2 W can serve as the second resistor. Keep the relationship greater than 10 to 1 if convenient. If you go below 47,000 ohms you need to consider wattage. 14,400/47,000 = 0.31 W.
Use two meters. Use a Simpson 260, or equivalent, and a DVM. These will be in parallel simultaneously. I used a Simpson 270 and a Fluke 27.
The capacitor I used was 2.25 mfd.
The circuit consists of a diode with its anode connected to the hot side of the 120 V supply. The two resistors are connected to the cathode of the diode. The other end of the higher resistance resistor is connected to the neutral line. When required, the other end of the lower resistance is connected to neutral in addition to the high resistance unit to create a lower load resistance as part of the experiment.
After the first measurements are made a capacitor is added in parallel with the load resistor.
#1. Both meters in AC position read the AC line voltage.
----- 270 read 124 V and 27 read 121.9 V
#2. Next change the meters to DC volts, and connect COM to neutral and + to the diode cathode.
#3. Read the DC voltage with only the high resistance load.
----- 270 read 55 V and 27 read 54.7 V
#4. Parallel the low resistance with the high resistance and read the DC voltage.
----- 270 read 55 V and 27 read 54.7 V
#5. Parallel the capacitor across the load resistor. Note on removal of the capacitor it will have a high voltage and this needs to be bled off.
----- 270 read 169 V and 27 read 167.8 V
After you run these experiments you will have first hand experimental evidence of what happens. How to proceed from this point to have you understand why the results are what they are I have no clue. I have already explained what happens.
One remaining thought. Connect a 5,000 ohm 5 W resistor as the load on the diode. Connect a 100,000 resistor from the diode cathode to one terminal of the capacitor and capacitor's other end to neutral. Setup an oscilloscope with two channels, both scaled the same. Assume the scope is grounded thru the EGC and your neutral also is tied to the EGC at the main panel, then the scope chassis is close to the potential of the neutral end of the load resistor and the filter capacitor. DO NOT connect probe ground leads or the scope chassis to neutral. Use only the probe center point for measurement. With scope probes shorted to scope chassis adjust both traces to overlap and be 1 CM from the bottom. Adjust sensitivity so 8 CM is 200 V. Connect one probe to the diode cathode, and the other probe to hot terminal of the capacitor.
You will see the half sine wave pulses on one trace, and the other trace will be a straight line at 31.8 % of the half sine wave peak.
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