They are like keys to a problem. In most cases, there are variables in the "key."
ex. y=mx+b
This is a formula used in algebra, which is called point- slope form. Basically you just plug in the numbers you are given and solve for the variable!
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Many mathematical formulas were discovered by multiple mathematicians throughout history. Some notable contributors include Euclid, Isaac Newton, Leonard Euler, Carl Friedrich Gauss, and Albert Einstein, among others. It is important to note that mathematical formulas often build upon the work of previous mathematicians, and discovery is a collective effort within the mathematical community.
Computer is working by using mathematical formulas only.
In the beginning of the 20th century, the Indian mathematician Srinivasa Ramanujan found many new formulas for π, some remarkable for their elegance, mathematical depth and rapid convergence.[58] One of his formulas is the series,
Generally it is the area of the base times the height. Go to the website I linked for specific formulas.
Formal