AVERAGEIF
This function use for advance average, when you need to calculate average specific product/subject from many product/subject data table. Averageif is a conditional average function. It function calls column 1 cell address for criteria/conditions and column 2 for data calculation. Here, I give an example for your practice:
 
B2:B10 cells refers fruits name and C2:C10 column refers price per kilogram.
This function use for advance average, when you need to calculate average specific product/subject from many product/subject data table. Averageif is a conditional average function. It function calls column 1 cell address for criteria/conditions and column 2 for data calculation. Here, I give an example for your practice:
| 
A | 
B | 
C | 
D | 
E | 
F | |
| 
1 | 
Date | 
Fruits | 
Price/KG | 
Average Price (3 Months) | 
Calculation | |
| 
2 | 
Jan-15 | 
Apple | 
120 | 
Apple | 
155 | 
=AVERAGEIF(B2:B10, 
"Apple",C2:C10) | 
| 
3 | 
Orange | 
80 | ||||
| 
4 | 
Grapes | 
220 | ||||
| 
5 | 
Feb-15 | 
Apple | 
160 | 
Orange | 
100 | 
=AVERAGEIF(B2:B10, 
"Orange",C2:C10) | 
| 
6 | 
Orange | 
120 | ||||
| 
7 | 
Grapes | 
200 | ||||
| 
8 | 
Mar-15 | 
Apple | 
180 | 
Grapes | 
200 | 
=AVERAGEIF(B2:B10, 
"Grapes",C2:C10) | 
| 
9 | 
Orange | 
100 | ||||
| 
10 | 
Grapes | 
160 | ||||
B2:B10 cells refers fruits name and C2:C10 column refers price per kilogram.
Explain: 
The formula 
=AVERAGEIF(B2:B10,"Apple",C2:C10) 
Means,
= [calculate]
Averageif( [calculate Average, formulla start]
B2:B10 [conditions cells]
"Apple" [find conditions cells who are "Apple"]
C2:C10 [sum data cells who are against "Apple", count data cells who are against "Apple", sum data divide by count data]
) [formulla end] 
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