Using the DECIMAL type, it is possible to represent numbers with greater precision than the FLOAT or DOUBLE types can represent.
The maximum allowed precision and scale of the DECIMAL type are both 38.
Precision is the total number of digits, regardless of the location of the decimal point.
Scale is the number of digits after the decimal place.
To represent the number 8.54 without a loss of precision, you would need a
DECIMAL type with precision of at least 3, and scale of at least 2.
Example:
Note that the DECIMAL(17,16) type means there is a total of 17 digits, with 16 of them after the decimal point.
DECIMAL(17,16) 3.1415926535897932
You could ALTER your table with DECIMAL type as follow:
ALTER TABLE my_table CHANGE field field DECIMAL(precision, scale);
or as suggest @Gordon Linoff, you could use round() function.