Averaging with excel

E

excelhelp234

Hello,

First-time posting and would like and appeciate some assistance.

I have multiple rows that represent the spending for different gyms. I
have three columns: one is total gym spending ($), the second is %
total gym spending on basketballs, and the third columns is $ of total
gym spending spent on basketballs (i.e. column 1: $100, column 2: 10%
column 3: $10)

I have over 100 gyms listed - how would i calculate the average spend
($) per gym on basketballs. I know I could divide the total spending
on basketballs by the number of companies but that would not provide me
with a weighted average.

Any help???

Thanks everyone,
SF
 

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