Night Watchmen

Grannie's watch gains 30 minutes every hour, whilst Grandpa's watch loses 30 minutes every hour. What is the correct time when their watches next agree?
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Granny's watch gains 30 minutes every hour, whilst Grandpa's watch loses 30 minutes every hour. At midnight, they both set their watches to the correct time of 12 o'clock. What is the correct time when their two watches next agree?

If you liked this problem, here is an NRICH task which challenges you to use similar mathematical ideas.