Statement 1: N is divisible by 5.
This means that N is a multiple of 25. e.g 25, 50, 75, etc. and the tens digit vary. hence, statement 1 is NOT SUFFICIENT.
Statement 2: N is divisible by 16.
This means that N is a multiple of 16. e.g 16, 32, 48, etc and the tens digit vary. Hence, statement 2 is NOT SUFFICIENT
Combining both statement together:
To find a number that is divisible by both 25 and 16, find the LCM or product of 25 and 16, 25*16=400
Therefore, N is a multiple of 400. e.g 400, 800, 1200, etc in all cases, the tens digits of N=0.
Then, both statements combined together are SUFFICIENT. Answer = option C