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Select=format-number(catalogitemprice 0 60, ### 00)

File: Data.xml <?xml version="1.0"?> <catalog>  <item id="SC-0001">   <maker>A</maker>   <description>B</description>   <size>L</size>   <price>120.00</price>   <currency>USD</currency>  </item> </catalog> File: Transform.xslt <?xml version="1.0" encoding="UTF-8"?> <xsl:stylesheet version="1.0"   xmlns:xsl="http://www.w3.org/1999/XSL/Transform">   <xsl:output method="xml" indent="yes" />   <xsl:output doctype-system="catalog.dtd" />   <xsl:variable name="discount">     <discount>0.40</discount>     <discountPrice>       <xsl:value-of         select="format-number(catalog/item/price * 0.60, '###.00')" />     </discountPrice>   </xsl:variable>   <xsl:template match="catalog">     <xsl:copy>       <xsl:apply-templates select="item" />     </xsl:copy>   </xsl:template>   <xsl:template match="item">     <xsl:copy>       <xsl:copy-of select="@id" />       <xsl:copy-of select="maker|description|size|price" />       <xsl:copy-of select="$discount" />       <xsl:copy-of select="currency" />     </xsl:copy>   </xsl:template> </xsl:stylesheet> Output: <?xml version="1.0" encoding="UTF-8"?> <!DOCTYPE catalog   SYSTEM "catalog.dtd"> <catalog>    <item id="SC-0001">       <maker>A</maker>       <description>B</description>       <size>L</size>       <price>120.00</price>       <discount>0.40</discount>       <discountPrice>72.00</discountPrice>       <currency>USD</currency>    </item> </catalog>