Let the 3rd term of AP = a + 2d
and the 7th term of AP = a + 6d
∴ Sum of 3rd and 7th terms = a + 2d + a + 6d = 6
⇒ 2a + 8d = 6
⇒ a + 4d = 3 …… (1)
Now product of above two terms = (a + 2d) (a + 6d) = 8
we can re-write above terms as following
(a + 4d – 2d) (a + 4d + 2d) = 8
⇒ (3 – 2d) (3 + 2d) = 8
⇒ 9 – 4d2 = 8
⇒ 4d2 = 9 – 8 = 1
∴ d2 = \(\frac{1}{4}\)
⇒ d = ± \(\frac{1}{2}\)……. (2)
Now putting d = \(\frac{1}{2}\) in eq(1) we get
a + 4d = a + 4(\(\frac{1}{2}\)) = 3 ⇒ a = 1
so a = 1, d = \(\frac{1}{2}\)
(or) now putting d = \(\frac{-1}{2}\) , we get
a + 4d = a + 4(\(\frac{-1}{2}\)) = 3
⇒ a – 2 = 3
⇒ a = 5
∴ a = 5, d = \(\frac{-1}{2}\)
∴ Sum of sixteen terms =

So S16 = 20 or 76