How can PHP be used to calculate percentages and limit the output to two decimal places?

To calculate percentages in PHP and limit the output to two decimal places, you can use the number_format() function. This function allows you to format a number with a specific number of decimal places. You can calculate the percentage by dividing the part by the total and then multiplying by 100. Finally, use number_format() to limit the output to two decimal places.

$part = 25;
$total = 100;
$percentage = ($part / $total) * 100;
$percentage = number_format($percentage, 2);

echo "The percentage is: " . $percentage . "%";