Concept:
This problem involves rates of work. Filling is positive work, and emptying is negative work. If the emptying rate is faster than the filling rate, a full (or partially full) tank will eventually be emptied.
Step 1: Determine the net rate of work.
Let the capacity of the tank be the LCM of 8 and 5, which is 40 units.
Filling rate (Pipe 1) $= 40 / 8 = +5$ units/hour.
Emptying rate (Pipe 2) $= 40 / 5 = -8$ units/hour.
Net rate when both are open $= +5 - 8 = -3$ units/hour (The negative sign indicates the tank is emptying).
Step 2: Calculate the amount of water to be emptied.
The cistern is $\frac{3}{4}$ full.
Amount of water in the tank $= \frac{3}{4} \times 40 = 30$ units.
Step 3: Find the time required.
Time $= \frac{\text{Amount to empty}}{\text{Net rate of emptying}}$
\[ \text{Time} = \frac{30 \text{ units}}{3 \text{ units/hour}} = 10 \text{ hours.} \]