How to copy and paste formatting from one place to other

1. Select the portion from the document from where you have to copy the formatting.
2. Press Ctrl+Shift+C (Press and hold Ctrl and Shift keys together and then press C).
3. Select the portion on which the design has to be applied (or copied).
4. Press Ctrl+Shift+V (Press and hold Ctrl and Shift keys together and then press V).
5. Notice that formatting has been copied.
6. Note that this formatting remains copied until you copy another formatting (as shown in step 2) or close down the document.
7. Note that you can paste the last copied formatting as many times as you need. This is similar to Ctrl+C and Ctrl+V features.
8. Note that similar functionality can be utilized by using Format Painter in which you select the portion you want to copy from and then click the Brush icon in the Paste section of the Home tab. As soon as you click that Brush icon, a brush gets attached to the cursor, and you can apply the copied formatting by simply selecting the section where you want to apply the formatting. 
9. Note that even if the formatting was copied using the Brush icon, you could still use the format paste feature as explained in step 4 as the style gets copied like it happens in step 2.