Code (as follows) calculates, and places a value in a cell.
The value is in Minutes, and rounded to 2 decimal places:

With C
.Value = (Range("A" & C.Row).Value * 60) _
/ (Cells(3, C.Column).Value / 60)
.Value = Round(C.Value, 2)
End With

I cannot find a way to display the value in "mm:ss" format
.....preferably also the seconds to 2 decimal places.

Is this possible, please?

Regards.