$P1$ $ = 8$ stages $ \{ 3 ,2, 4 , 7 , 2 , 5 ,4 ,2 \}$nsec
To operate timingly let $7$ nsec as cycle time.
$P2 \ = 5 $ stages each with $6$ nsec .
Time taken by $P1=$ $1\times 7 \times 8 + 399 \ \times 7 $ $= 2849$ nsec .
Time taken by $P2=$ $1\times 5 \times 6 + 399 \ \times 6 $ $= 2424$ nsec .
Time saved $= 2849-2424=\color{Red}{425 \ nsec}$