Conditional weighted average formula in excel

VIJAY465

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Joined
Apr 18, 2018
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I have price in one column and quantity in other I wants to calculate weighted average of particular price range .can anyone help me
 

Excel Facts

Can a formula spear through sheets?
Use =SUM(January:December!E7) to sum E7 on all of the sheets from January through December
I have price in one column and quantity in other I wants to calculate weighted average of particular price range .can anyone help me

Something like:


=SUMPRODUCT(Price,--(Price>=LowerBound),--(Price<=UpperBound),Quantity)/SUMIFS(Quantity,Price,">="&LowerBound,Price,"<="&UpperBound)
 
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