venture of iit bombay vjti alumni = = = herean integer object is created with the value and all three variables are assigned to the same memory location you can also assign multiple objects to multiple variables for example , , , ,"johnheretwo integer objects with values and are assigned to variables and respectivelyand one string object with the value "johnis assigned to the variable standard data types the data stored in memory can be of many types for examplea person' age is stored as numeric value and his or her address is stored as alphanumeric characters python has various standard data types that are used to define the operations possible on them and the storage method for each of them python has five standard data types numbers string list tuple