Equation 5+5+5=550 riddle

How can you make the following equation true by drawing only one straight line: 5+5+5=550 ?




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Follow the rules.
=> Each digit should be used only once.
=> You can only use addition.
=> For making a number, two single digits can be combined (for example, 4 and 2 can be combined to form 42 or 24)
=> A fraction can also be made by combining the two single digits (for example, 4 and 2 can be combined to form 4/2 or 2/4)

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