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Default Conditional number format of cell

I want to conditionally change the number format of a cell. For example, if cell A1 = '%' , I want the format of the number in cell A2 to have a percentage format or if A1 = '$' I want the number in cell A2 to have a currency format. I understand how to use conditional formatting but I don't see how to change the number format, just the font, border or pattern.

Thanks in advance.

Brad
 
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