As we know,
Correct reading = observed reading – zero error (with sign)
Given,
The thickness of the pencil = 1.4 mm
Zero error of the vernier callipers = +0.02cm = 0.2 mm
Substituting the values in the formula above we get,
Correct reading = observed reading – zero error (with sign)
Correct reading = 1.4 mm – 0.2 mm
Correct reading = 1.2 mm
Hence, the correct thickness of the pencil is 1.2 mm