what is potential energy ? Share with your friends Share 0 Ankur answered this Please refer to the answers given by your friends. @ Ayushi and Sayantani, good work ,keep it up. 0 View Full Answer Sayantani answered this Potential Energy is the energy possessed by a body by virtue of its position deformed shape is called potential energy.P.E=mgh SI unit=joule ex:-1. the energy possessed by stored water in a dam is due to its position. 2. a stretched or a compressed spring has its energy due to its shape.Though your friends have answered this question really well please refer to their answers 0 Ayushi Agarwal answered this POTENTIAL ENERGY OF A BODY IS THE ENERGY POSSESSED BY IT BY VIRTUE OF ITS POSITION OR SHAPE.HOPE U UNDERSTOOD..... BEST OF LUCK........... 0