Solution
As sum of 3 terms is 15 so middle term is 5
let the common difference in $1^{st}$ set be a, so common difference in $2^{nd}$ set is (a-1)
then numbers in 1st set are 5-a, 5, 5+ a and in 2nd set are the numbers are 6-a, 5, 4+ a
now as per given condition $\dfrac{(5-a)5(5+a)}{((6-a) 5 (4+a))} = \dfrac{7}{8}$
or $8(25-a^2)= 7(6-a)(4+a) = 7(24+ 2a - a^2)$
or $200- 8a^2 = 168 + 14a - 7a^2$ or $a^2 + 14 a - 32 = 0$
$(a-2)(a+16) = 0$
a= 2 gives a- 1 = 1 gives 1st series = 3,5,7 and second series = 4,5,6
a = - 16 gives a- 1= - 17 the 1st series = 21,5, -11 and second series = 22,5, - 12.
refer to http://in.answers.yahoo.com/question/index;_ylt=Ar2kcwS_d26mHg5f2W.h9F.RHQx.;_ylv=3?qid=20130222042246AAW7rSk