STEP-BY-STEP ANSWER:
Step 1: Choose an appropriate data type for the variable, such as int for integers.
Step 2: Write the data type followed by the variable name, for example: int number;
Step 3: To initialize the variable with a value, use the assignment operator '=', e.g., int number = 10;
Step 4: End the declaration with a semicolon (;).
Final Answer: Declaring and initializing a variable in C is done using a defined data type, variable name, assignment operator, and ending with a semicolon.