When my alternator went it caused the rev counter to under read along the speedo but at different rates. I was doing 80mph according to sat nav, speedo read about 60 and the rev counter 1500rpm.
If you are doing the big fuse, just don't do what I did last night. Accidentally knock the hazards on, then wonder why you can't turn the 'alarm' off when you reconnect the fuse! One call to Carl Baker today and mucho embarrassment!