Question

which formatting options we can use with conditional formatting

Answer 1

Answer:

Select one or more cells in a range, table, or PivotTable report. On the Home tab, in the Style group, click the arrow next to Conditional Formatting, and then click Top/Bottom Rules. Select the command you want, such as Top 10 items or Bottom 10 %. Enter the values you want to use, and then select a format.

Answer 2

Answer:

The above answer is absolutely correct