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Elmer's new car gives 50 percent better fuel efficiency, measured in kilometers per liter, than his old car. However, his new car uses diesel fuel, which is 20% more expensive per liter than the gasoline his old car used. By what percent will Elmer save money if he uses his new car instead of his old car for a long trip?

Set old usage equal to X. With one liter of fuel he can now drive 50% farther, so new usage is (2/3)X. New price is 6/5 as high. Saved money: 1 - (12/15) * (6/5) = 3/15 = 20%.
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