What operating system are you running?
If you're in Windows 10, try:
1. Right-click desktop background
2. Click display settings
3. Click 'Display adapter properties'
4. Click 'List All Modes'
5. Check what setting you're on, and if 1920x1080, 240 Hertz is an option
Edit: could you also tell us what GPU you are using and what cable you are using to connect to the monitor?