Hi rakeshd347,
Brent brings up an interesting point; the "intent" of the question is PROBABLY to restrict you to POSITIVE INTEGERS for M and N. GMAT questions are always worded with the necessary attention to detail, so you have to follow whatever "instructions" you're given.
**IF this question included the restriction that M and N were POSITIVE integers, then here's what the solution would be:**
Is (10^M + N)/3 an integer. This is a Yes/No question.
Fact 1: N = 5
There's actually an interesting Number Property here....
The M can be any positive integer, so we'll end up with 10 or 100 or 1000 or 10000, etc.
When you add 5 to any of those numbers, you end up with a number that is divisible by 3:
15 = 5 x 3 and the answer is YES.
105 = 35 x 3 and the answer is YES.
1005 = 335 x 3 and the answer is YES.
etc.
Fact 1 is SUFFICIENT.
Fact 2: MN = even
If M = 2, N = 1 then we have 101 and the answer is NO
If M = 2, N = 5 then we have 105 and the answer is YES
Fact 2 is INSUFFICIENT.
Final Answer: A
GMAT assassins aren't born, they're made,
Rich