Interval of change = (L.C.M of 48,72,108)sec.=432sec. So, the lights will agin change simultaneously after every 432 seconds i.e,7 min.12sec Hence , next simultaneous change will take place at 8:27:12 hrs.
Smallest number of five digits is 10000. Required number must be divisible by L.C.M. of 16,24,36,54 i.e 432, On dividing 10000 by 432,we get 64 as remainder. Required number = 10000 +( 432 – 64 ) = 10368.