Let the time taken by the two cyclists to reach the starting point be calculated. Since the circumference of the circle is 300 metres, the time taken for each cyclist to complete one full cycle is:
- Cyclist A: \( \frac{300}{7} \) seconds
- Cyclist B: \( \frac{300}{8} \) seconds
They will meet at the starting point when the least common multiple (LCM) of these two times is achieved. Thus, we find the LCM of \( \frac{300}{7} \) and \( \frac{300}{8} \), which is \( 300 \) seconds.
Hence, the time taken for both cyclists to meet at the starting point for the first time is \( 300 \) seconds.