Here's how it works:

* Velocity is a vector quantity, meaning it has both magnitude (how fast) and direction.

* Speed is a scalar quantity, meaning it only has magnitude (how fast).

Therefore, the formula for the magnitude of velocity is the same as the formula for speed:

Magnitude of Velocity (Speed) = Distance / Time

Example:

If a car travels 100 kilometers in 2 hours, its speed (magnitude of velocity) is:

Speed = 100 km / 2 hours = 50 km/h