Do android developers make money off of their apps?

I am thinking about starting to develop android apps. In apple, the developers make 70% profit from their apps. Is that the same for android? I want to create apps and make money from them on android. What ways can I make money from them?Do android developers make money off of their apps?
You can choose to make your app a "paid" app. It is very similar to the iPhone App Store. Also, many developers offer free versions of their applications and make money from selling ad space in them.Do android developers make money off of their apps?
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