Difficulty getting monetry value in 2DP within a text string

Hi

I'm using several formalas to build a uinit pricing value, which calculates the price per "£" if greater than £1, or in pence if lower, ie.

43.8p/100g and £1.53/lt

The formula i'm using is below,

=IF(BQ13<1,ROUNDDOWN(BQ13*100,1) & "p/" & $BI13, "£"&ROUNDDOWN(BQ13/100,2) &"/"&$BI13)

The difficulty i'm facing is that if its £1.70 the formula calculates it as £1.7/L,
any ideas on how i can get this back to £1.70/L

I've tried a left concatanate but can't seem to get it working

any help great appreciated!

Adi

Thanks TMShucks, added it in as below and it outputs correctly

cheers

=IF(BQ5<1,ROUNDDOWN(BQ5*100,1)&"p/"&$BI5,"£"&TEXT(ROUNDDOWN(BQ5/100,2),"0.00")&"/"&$BI5)