We know the pressure (1 atm), the temperature (240 degrees Celsius or 513 Kelvin), and the number of moles of gas (let's assume it is 1 mole). The ideal gas constant is 0.08206 L * atm / mol * K.
Plugging these values into the ideal gas law, we get:
1 atm * V = 1 mole * 0.08206 L * atm / mol * K * 513 K
Solving for V, we get:
V = 42.56 L
Therefore, the volume of the balloon at 240 degrees Celsius is 42.56 L.