FPS isssues need urgent help.....

Hey there, recently I bought a new 300 hz monitor ( acer predator ) which shows 240 hz as base display refresh rate now the main issue is if I lock my valo fps to 240 it drops alot like 240 to 165 idk why even tho my ingame settings set to low.....I play in laptop ( hp victus i5 12 gen with 3050 ) with that new extended monitor ......
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