Step 1: The clock loses 16 minutes every 24 hours.
Step 2: In 4 days (96 hours), the clock will lose:
\[ \frac{16 \times 96}{24} = 64 \text{ minutes} \]
Step 3: The time shown by the clock at 10 p.m. on the 4th day will be 64 minutes less than the true time. So, the true time is:
\[ 10 \text{ p.m.} + 64 \text{ minutes} = 11:04 \text{ p.m.} \]