Sure thing. I'm assuming the part in question is the (sprintf "%.2f", $number) bit, so 'ere goes...
sprintf will format and return a numeric value passed to it, based on the parameters provided between the quotes.
For your example, I passed the value $number to sprintf and 'asked' it to return the number in decimal format (the f 'switch') with 2 numbers following the decimal point (.2).
There are many parameters which you can use, and far more detailed and complex ways to use sprintf, so for a REAL explanation and a ton of good examples, check out this page:
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