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 was en route to a mission on foreign seas. The captain of the ship felt tired and thought of taking a bath. He went for taking the shower and removed his diamond ring and Rolex and kept them on the table. When he returned after taking the bath, he found that the ring and watch were stolen.

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The day before the 1996 U.S. presidential election, the NYT Crossword contained the clue “Lead story in tomorrow’s newspaper,” the puzzle was built so that both electoral outcomes were correct answers, requiring 7 other clues to have dual responses.