Buoyancy
In physics, buoyancy (pronounced /ˈbɔɪ.ənsi/) is a force on an object making that object rise or move upward. It comes from the Spanish word for "float", boyar. Buoyancy is made by the difference in pressure put on the object by the Fluid or air that the object is in.
The net upward buoyancy force is equal to the magnitude of the weight of fluid that is displaced by the body. This force enables the object to float or at least to seem lighter. Buoyancy is important for many vehicles such as boats, ships, balloons, and blimps.
Density
If the object has exactly the same density as the liquid, then its buoyancy is the same as its weight. It will not sink or float.
If the object has a higher average density than the liquid, then its buoyancy is less than its weight. It will sink. That is why pebbles do not float.
If the object has a lower average density than the liquid, then its buoyancy is greater than its weight. That is why, although a ship may be made of steel which is more dense than water, it floats because it encloses a volume of air and the resulting shape has an average density less than that of the water.
Buoyancy Media
A metallic coin (an old British pound coin) floats in mercury due to the buoyancy force upon it and appears to float higher because of the surface tension of the mercury.
The Galileo's Ball experiment, showing the different buoyancy of the same object, depending on its surrounding medium. The ball has certain buoyancy in water, but once ethanol is added (which is less dense than water), it reduces the density of the medium, thus making the ball sink further down (reducing its buoyancy).
Density column of liquids and solids: baby oil, rubbing alcohol (with red food colouring), vegetable oil, wax, water (with blue food colouring) and aluminium