XYZ Company bought chairs at $35 each to be sold to the customers. The store's overhead expenses are 40% of cost and the wees require a profit of 20% of cons What is the highest rate of discount that can be advertised without incurring an absolute foss? Note: to receive the full mark you will use 3 decimal places when performing the calculations, and round your final answer to decimal places Express the final answer in decimal form (for example, 0.1234) not percentage form (for example, 12.34%), Answer: 0.3750