[snip]
$price = "1234.567890";

$price = number_format($price, 2, '.', '');

echo $price;

Returns 1234.567890

Should return 1234.57 correct?
[/snip]

Use a new variable to hold the modified information

$price = "1234.567890";

$newPrice = number_format($price, 2, '.', '');

echo $newPrice;

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