A person owns a food delivery company that services various grocery stores in the local community. On his tax form, he reported a truck expense of $2,971.50 for his business. This amount was based on truck expenses listed as insurance $2,000, lease payments $1,450.00, repairs $4,500, tires $500, oil changes $40. 

What percentage of the truck's expense was for business purposes?

Answer rating: 100% (QA)

To determine the percentage of the trucks expense that was ... View the full answer