ron_jay said:
We know that anything divided by zero is 'undefined' or equal to infinity.
This statement is not correct in the sense that you meant it. If something is undefined, then anything involving it is undefined. (In ordinary arithmetic) the statement "1/0=infinity" is undefined -- it is not true, nor is it false: it is nonsense. In ordinary arithmetic, there is nothing called "infinity", so that's another reason that assertion is nonsense.
On the projective real line, there is something called "infinity". And in this context, 1/0 is not undefined: it is defined, and equal to infinity. Just to emphasize the point, that division symbol has a different meaning than it does in ordinary arithmetic. (Though the two usually agree)
On the extended real line, there is something called "positive infinity" and something called "negative infinity". In this context, 1/0 is undefined.
In the hyperreals, there is nothing called "infinity". But there are number
s that are infinite; by definition, x is infinite if and only if |x|>n for every ordinary natural number n. In the hyperreals, 1/0 is not defined. But if e is an infinitessimal number, then 1/e is an infinite number.
The concept of zero basically refers to 'nothingness' or 'void', but that indeed has utmost importance in writing numbers.
No it doesn't. In (usual) arithmetic, the concept of zero is something that satisfies the identities:
0+x = x+0 = 0,
0x = x0 = 0.
It might be the case that in certain
applications of arithmetic, there is a notion of nothingness, or of a void, but those notions are not a part of arithmetic.