The terms velocity and speed give us an idea of how fast or slow an object is moving. Quite often, we across situations where we need to identify which of the two or more objects is moving faster. One can easily tell the fastest of the two if they are moving in the same direction on the same road. But if their direction of motion is in the opposite direction, then it is difficult to determine the fastest. In such cases, the concept of velocity is helpful about which we shall be discussing in this article.
What is Velocity?
A velocity of an object can be defined as the rate of change of the object’s position with respect to a frame of reference and time, it might sound complicated but velocity is basically speed in a specific direction. It is a vector quantity, which means we need both magnitude (speed) and direction to define velocity. The SI unit of it is meter per second (ms^{1}) if there is a change in magnitude or the direction in velocity of a body the body is said to be accelerating.
Speed and Velocity
Speed and velocity can be a little confusing for most of us, Well speed gives us an idea of how fast an object is moving whereas velocity not only tells us its speed but also tells us in which direction the body is moving. We can define speed as a function of distance travelled whereas velocity is a function of displacement. Instantaneous velocity is the velocity of a body at any given time. Average velocity is the total displacement by total time and is given by v = â–³xâ–³t where âˆ†x is the total displacement of the body and âˆ†t is the time. Average velocity is always less than or equal to that of average speed; this is because displacement can never be higher than the distance travelled but the distance travelled can be higher than that of displacement.
Example of Velocity
To understand the concept of instantaneous velocity and average velocity let’s take this example. Jewel goes to school in her dad’s car every morning, her school is 8 km from her home and she takes 15 mins to travel, but when she looks at the speedometer on the dashboard of the car it shows different reading all the time now how would she know her velocity?
Well average velocity of jewel’s car could be found by,
For convenience, we have considered the car to move in a straight line and we will convert all the units of time to hour. Therefore 15 mins = 1560 = 0.25 hours.
average velocity, v = â–³xâ–³t
v = 8km/0.25hrs
v = 32 km/h
Now we see that even though the car may vary its speed if it covers the same amount of distance in the same amount of time every time its average velocity will remain the same.
Differences between Speed and Velocity
Difference between Speed and Velocity 

SPEED 
VELOCITY 
Speed is the quantitative measure of how quickly something is moving. 
Velocity defines the direction of the movement of the body or the object. 
Speed is primarily a scalar quantity 
Velocity is essentially a vector quantity 
It is the rate of change of distance 
It is the rate of change of displacement 
Speed of an object moving can never be negative 
Velocity of a moving object can be zero. 
Speed is a prime indicator of the rapidity of the object. 
Velocity is the prime indicator of the position as well as the rapidity of the object. 
It can be defined as the distance covered by an object in unit time. 
Velocity can be defined as the displacement of the object in unit time. 
Let’s summarize what we have learned:
 (a) This is a function of displacement.
 (b) We require both magnitude and direction to define velocity.
 (c) Instantaneous velocity is the velocity at any given moment of time, whereas average velocity is the total displacement divided by total time.
 (d) A changing velocity indicates acceleration.
I hope you have understood the concept, for further clarifications about this article and to talk to our experts contact us @byjus.com