HTML:
<div id='content'>Hello World</div>
<input type='button' id='hideshow' value='hide/show'>
jQuery:
jQuery(document).ready(function(){
jQuery('#hideshow').live('click', function(event) {
jQuery('#content').toggle('show');
});
});
For versions of jQuery 1.7 and newer use
jQuery(document).ready(function(){
jQuery('#hideshow').on('click', function(event) {
jQuery('#content').toggle('show');
});
});
For reference, kindly check this demo