Here’s the formula for calculating the Average Price in Equity:

(Total Invested Amount / No Of Shares Bought)

DayQtyBuy Rate Invested Value
1st Trading Day501005000
2nd Trading Day40993960
3rd Trading Day25902250
4th Trading Day11597.4811210
Total23022420

Total Investment Amount: – 22420/230 = 97.48 Avg price per share.