The sum of the numbers on the watch face is 78. If the two lines cross, there must be 4 equal parts, but 78 is not divisible by 4. Then the lines do not cross, giving three parts with the sum of 26 each. Once you see the pairs on the face that add to 13(12+1,11+2, and so far) the answer will be easy to find.
In 24 hours the watch gained 1/2-1/3= 1/6 minute. It would seem it would be 5 minutes fast in 5 X 6= 30 days; that is,the morning of May 31. But already on the morning of May 28 the was 27/6= 4 1/2 minutes fast. At the close of the day the watch gained 1/2 minute more, so it was 5 minutes fast on may 28.