Answer:
Hope below explanations are enough.
Explanation:
1. JPEG (or JPG) - Joint Photographic Experts Group
JPEGs might be the most common file type you run across on the web, and more than likely the kind of image that is in your company's MS Word version of its letterhead. JPEGs are known for their "lossy" compression, meaning that the quality of the image decreases as the file size decreases.
You can use JPEGs for projects on the web, in Microsoft Office documents, or for projects that require printing at a high resolution. Paying attention to the resolution and file size with JPEGs is essential in order to produce a nice looking project.
2. PNG - Portable Network Graphics
PNGs are amazing for interactive documents such as web pages, but are not suitable for print. While PNGs are "lossless," meaning you can edit them and not lose quality, they are still low resolution.
The reason PNGs are used in most web projects is that you can save your image with more colors on a transparent background. This makes for a much sharper, web-quality image.
3. GIF - Graphics Interchange Format
GIFs are most common in their animated form, which are all the rage on Tumblr pages and in banner ads. It seems like every other day we have a new Grumpy Cat or Honey Boo Boo animated GIF. In their more basic form, GIFs are formed from up to 256 colors in the RGB colorspace. Due to the limited number of colors, the file size is drastically reduced.
This is a common file type for web projects where an image needs to load very quickly, as opposed to one that needs to retain a higher level of quality.
4. TIFF - Tagged Image File
A TIF is a large raster file that doesn't lose quality. This file type is known for using "lossless compression," meaning the original image data is maintained regardless of how often you might copy, re-save, or compress the original file.
Despite TIFF images' ability to recover their quality after manipulation, you should avoid using this file type on the web -- it can take forever to load. TIFF files are also commonly used when saving photographs for print.
5. PSD - Photoshop Document
PSDs are files that are created and saved in Adobe Photoshop, the most popular graphics editing software ever. This type of file contains "layers" that make modifying the image much easier to handle. This is also the program that generates the raster file types mentioned above.
The largest disadvantage to PSDs is that Photoshop works with raster images as opposed to vector images.
