Solve for both scenarios

M Ltd. has invested in 40% share capital of N Ltd. and hence N Ltd. is an associate of M Ltd. During the year, N Ltd. sold inventory to M Ltd. for a value of Rs. 10,00,000. This included profit of 10% on the transaction price i.e. profit of Rs. 1,00,000. Out the above inventory, M Ltd. sold inventory of Rs. 6,00,000 to outside customers. Hence, the inventory of Rs. 4,00,000 purchased from N Ltd. is still lying with M Ltd. Determine the unrealised profit to be eliminated on above transaction. Scenario B Assume the same facts as per Scenario A except that the inventory is sold by M Ltd. to N Ltd. instead of N Ltd. selling to M Ltd. Determine the unrealised profit to be eliminated on above transaction