Volts per turn is a metric often used in the design of transformers (and motors).
It is simply a way of describing the rate change of flux carried by the transformer core, by the voltage that would be induced in a _single_ coil wrapped around that core.
Turns electrically in series add voltage, so if you have 192 turns with 1.25V induced per turn, then you get 240V. Of course, you might have something like a center tapped 192 turn coil, providing 120/240V, or some other design feature that we've not been told about.
-Jon