Without going into all the fine points about the difference between speed and velocity, speed is generally assumed to be the distance travelled in a unit of time. As an example if you travel 120 feet in 60 minutes you travel at a speed of 120 ft/60 min = 2 ft/min. The assumption (looking at the answer) is that you travelled at the same rate every minute. However in the real world you may have gone 119 feet in 1 minute and spent the remaining 59 minutes traveling the last foot. Spped is therefor the average rate you conered the distance in the total time elapsed.
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A speed. If the direction is relevant, a velocity.
Distance/time = speed
distance traveled = speed multiplied by time taken.
you can find the distance when you know your speed and the time you traveled
Speed describes the distance traveled by an object divided by the time in which the distance was traveled, if the direction is not specified.