305/55R20 is 0.26 in shorter than 285/60R20 (−0.76%) and 0.79 in wider; at an indicated 60 mph you are doing 59.5 mph.
Both overall diameters at one scale, sharing a center. The detail beside them enlarges the one place they differ, and its dimension is the difference the table below states.
The difference, one row at a time
285/60R20 and 305/55R20, one measurement per row; the difference is 305/55R20 minus 285/60R20