Step 1: Calculate the net cross-sectional area.
Area removed by the bolt hole
\[
=d\times t
=20\times10
=200\,\mathrm{mm^2}.
\]
Therefore,
\[
A_n
=
800-200
=
600\,\mathrm{mm^2}.
\]
Step 2: Calculate the net tensile stress.
\[
\sigma_t
=
\frac{P}{A_n}
=
\frac{140\times10^3}{600}
=
233.33\,\mathrm{N/mm^2}.
\]
Since
\[
1\,\mathrm{N/mm^2}=1\,\mathrm{MPa},
\]
\[
\boxed{\sigma_t=233.33\,\mathrm{MPa}}.
\]
Hence,
\[
\boxed{(C)}
\]
is the correct answer.