“PROBLEMS” word has 8 distinct word ‘P’,’R’,’O’,’B’,’L’,’E’,’M’,’S’ .
Now we need to re-arrange the word where first letter is ‘P’ and last letter is ‘S’ .
P_ _ _ _ _ _S , so we have 6 letter left which can be rearrange in $6!$ ways.
So , Total $720$ words are possible .