For creating dependent drop down, we used #namedrange , #datavalidation , #indirect formula, #iferror formula, #vlookup formula and #formattable .
You can use this option on all excel versions: excel 2005, excel 2010, excel 2013, excel 2016 and office365.
By using INDIRECT function, we created a dependent dropdown in excel.
By using VLOOKUP formula, we created a lookup value and got the appraisal percentage.
By using IFERROR formula, we avoided the unwanted #N/A error in excel.
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