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Default Convert time

Hi
I am trying to add colums that contain 23.50 + 24.75 +26.13 +22.11 =
all these numbers represent time in seconds and 100's of a second. the
total comes out correct at 96.49 (seconds) but, I would like it to come out
1:36.49 which would be 1 min 36 sec and 49 100' of a second. I have tried
formatting the total cell to [m]:ss.00 but this dosent work. Help Please
Thanks
 
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