Stress is the reactive force per unit area of a section for the forces applied. And strain is the deformation experienced by the body in the direction of the force applied.
The formula for stress is:
And for strain:
Stress can be compressive stress, tensile stress, or shear stress. The first two is known as normal stress. There is also a stress called bearing stress that is a derivative of compressive stress.
[!Note] Know Normal stress is denoted by the Greek letter while shear stress is denoted by .
For solving problems related to stress, area is the cross section of the area likely to be torn.
Stress produced as result of axial loading (force normal to cross section) is known as normal stress. In the figure below, A is experiencing tensile stress.

[!Note] Convention Positive sign is used to indicate tensile stress while negative sign indicates compressive stress.
Compressive stress can sometimes be expressed as bearing stress when one body is supported by another. It is denoted by the .
Stress produced as a result of forces applied parallel to the cross section is known as shear stress.

In SI unit, stress is expressed as or pascals. However, in practical world these values are very small. Hence , , or are more commonly used.
In US Imperial unit, force is expressed as pounds () or kilopond () and the cross-sectional area is expressed as square inches (). The stress is expressed as pounds per square inch () or kilopond per square inch (),
[!Note] Convention is commonly expressed as and vice-versa.
References: