Let the units place digit be x.
Then, the tens place digit will be 3x and the hundreds place digit will be 4x.
Given:
4x + 3x + x = 16
or 8x = 16
or x =2
Units place digit = 2
Tens place digit = 3 2 = 6
Hundreds place digit = 4 2 = 8
Therefore, the number is 862.