When salt dissolves in water, what type of substance is formed?

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solubility

It will result in formation of an electrolytic solution.

Explanation:

When a salt is dissolved in water, it undergoes hydrolysis to furnish ions and it results in formation of ionic solution or electrolytic solution.

For example:

NaCl will give sodium ion and chloride ion.

The salts are either of both strong acid and base or a weak acid and / or weak base.

The salts of weak acid / strong base or weak acid / weak base or strong acid / weak base furnish ions which further undergo hydrolysis and makes the solution either acid or basic, based on nature of conjugate ions formed.