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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A Japanese ship is sailing in the Indian Ocean. The captain of the ship feels tired and decides to take shower to be rejuvenated. He goes to take the shower after keeping his diamond-studded Rolex watch and gold chain on the table.
When he comes back after 15 minutes, he finds them missing. There are 4 crew members on the ship and he calls them one by one to ask them what they were doing in that duration.

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3. Crew 'C' who is the engineer says that he was checking on the generator.
4. Crew 'D' who is another housekeeper says that he was correcting the hoisted flag that was put upside down.

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