Helium is even lighter than air. A liter (about a quart) of air weighs about 1.25 grams (much less than an ounce) - that's not very much. But a liter of helium weighs even less - only 0.18 grams (a tiny fraction of an ounce). A balloon that's 1 foot (30 centimeters) in diameter holds about half a cubic foot of helium, which is the same as 14 liters. This means the balloon will weigh about half an ounce (14 grams) less than the same sized balloon filled with air. So buoyancy goes to work and the balloon floats upward.

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