The significance of chemical formulas are:-Formula represents the name of a substance.
The formula represents the name of the elements present in it.
The formula gives the no. of atoms of each element present in one molecule of the substance.
The formula represents a definite mass of the substance (i.e. the mass of the substance in grams)
Chemical formulas are very important in finding information about chemical compounds as it tell us about the elements and the number of atoms in a substance
Example – Salt – NaCl, ethanol C2H5OH because the molecule of ethanol contains two Carbon, 6 Hydrogen, and 1 Oxygen atom.