For an open organ pipe, allowed frequencies are:
\[
f_n=nf
\]
So all harmonics are integer multiples of the fundamental frequency.
The two given frequencies are:
\[
200\text{ Hz},\quad 240\text{ Hz}
\]
Their difference is:
\[
240-200=40\text{ Hz}
\]
Thus the fundamental frequency is:
\[
\boxed{40\text{ Hz}}
\]
Hence,
\[
\boxed{(A)\ 40\text{ Hz}}
\]