Originally Posted by
sapheri
When the dilution volumes becomes greater than 5 and the Total dilution volume greater than 9 the number of decimal places displayed goes from 2 to 10+.
This is not entirely true; it has nothing to do with being greater than 5. In row 9, when the dilution volume is increased from 7 to 8, the results are "<125" and "<1.25". When dilution volume is 7, your results are 100/7 and 10/7, which are both repeating decimals. So you are going to get the maximum number of decimals that Google Sheets will display (by the way, this is not Excel so I moved your thread).
If you always want two decimal places then you either need to use a display format that shows only two decimal places (not a good option because you are building a string), or you need to round, like this:
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