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Thumbs up Answer: Conditional Formatting by percent range

Yes, this is possible using conditional formatting in Excel 2007. Here are the steps to achieve this:
  1. Select the cells in column B that you want to apply the conditional formatting to (in this case, B1:B10).
  2. Go to the "Home" tab in the ribbon and click on "Conditional Formatting" in the "Styles" group.
  3. Select "New Rule" from the drop-down menu.
  4. In the "New Formatting Rule" dialog box, select "Use a formula to determine which cells to format".
  5. In the "Format values where this formula is true" field, enter the following formula for shading red:
    Formula:
    =$B1$A1 
  6. Click on the "Format" button and select the "Fill" tab. Choose the red color and click "OK".
  7. Click "OK" again to close the "New Formatting Rule" dialog box.
  8. Repeat steps 3-7 for the yellow and green shading, using the following formulas:
    1. Yellow:
      Formula:
      =AND($B1=$A1*0.75,$B1<$A1
    2. Green:
      Formula:
      =$B1<$A1*0.75 
  9. For the yellow and green shading, choose the appropriate colors in the "Fill" tab of the "Format Cells" dialog box.

Your cells in column B should now be shaded according to the rules you specified.
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