Kinetic energy is the energy of a moving object and depends on its mass and velocity. It can be calculated using the formula Kinetic Energy (KE) = 1/2 x mass x velocity squared. Potential energy is the energy an object can use due to its position or state, such as the energy of an object raised above the ground due to gravity. It can be calculated using the formula Potential Energy (PE) = mass x gravity x height. The document provides these definitions and formulas for kinetic and potential energy, calculates examples of each, and explains the relationship between the two types of energy.