This document summarizes key concepts from a physics lecture on fluids, including Archimedes' principle, buoyant force, continuity equation, Bernoulli's equation, and their applications. It provides examples such as determining the sinking depth of an object in water, and calculating the speed and pressure changes of water flowing through pipes of different diameters. Formulas for pressure, mass flow rate, volume flow rate, and lift force on an object in fluid are also reviewed.