I am using python 2.7, and the code I have is:
a = 10.5 * 22.34 / 2.0
print \"%.2f\" % a
and the result I expect is 117.29, but it shows 11
If Python is using a 64-bit IEEE-754 binary floating point type, then the exact value it's using will be
117.284999999999996589394868351519107818603515625
... and that's obviously lower than the midpoint between 117.28 and 117.29. It's possible that that's what's going on.
Another option is that Python is using Banker's Rounding.
If the exact decimal values matter to you, you might want to consider using decimal instead.