Python supports several built-in data types, and each occupies different memory space depending on the system architecture. Below is a breakdown of common data types, examples, and estimated memory usage. In Python, variables are used to store data that can be referenced and manipulated in a program. Variables are automatically created when you assign a value—no explicit declaration is needed to reserve memory. Example 1 Variable Naming Convention Example 2 Understanding variables types python is dynamically type of variable is determined at runtime Dynamic typing python allows the type of a variables to change as the program execute Example : Write a program for addition , subtraction and multiplication 2.…