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The answer would be 37.
In the number 65437, the last two digits are 37 - a digit is one single character in a string of numbers.
The value of a digit in a number is called its place value.
digit
A decimal number is simply a way of representing a number in such a way that the place value of each digit is ten times that of the digit to its right. A decimal representation does not require a decimal point. So the decimal representation of 37 is 37, exactly as in the question.