You can perform the Number format in PowerApps using the Text function and apply your format
Syntax
TEXT(Value you want to format, "Format code you want to apply")
In your case, you have to write
Text(YourNumber ,"#.##)
Example:
Text( 12.333232,"#.##")
If your value comes dynamic from your data source you can use the below number:
Text( Value(YourColumnData),"#.##")
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