Simple Simon's Bakery purchases supplies on terms of $\frac{1\mathrm{.}3}{10},$ net $25.$ If Simple Simon's chooses to take the discount offered, it must obtain a bank loan to meet its short$-$term financing needs. A local bank has quoted Simple Simon's owner an interest rate of $10\mathrm{.}4\%$ on borrowed funds. Should Simple Simon's enter the loan agreement with the bank and begin taking the discount? $($Hint: Use $365$ days for a year.$)$

The cost of forgoing the discount is

$\%.($Round to two decimal places.$)$