I am collecting different answers to the problem below for possible publication in a pedagogical note I am writing. Please post freely (avoiding repetitions), and let your imagination go wild with alternative methods of solution. If I decide to quote one of your answers I will contact you for permission.
Edited for clarity:
While driving on a loooong straight highway with no other traffic, your GPS shows that your current speed is $V+\varepsilon$, where $V$ is the official speed limit in MPH. this speed will remain constant in the problem. The GPS also displays an estimated time of arrival (ETA) to your destination which is $d/V$, where $d$ is the remaining distance (in practice, a real GPS usually adds corrections for traffic, stoplights, etc.) Notice that $d$ is unknown to you.
Since you are driving faster than the speed used for the GPS estimate, this estimate will go down. Find a formula in terms of $V$ and $\varepsilon$ for the time (in minutes) that is needed to reduce the ETA by one minute.

So the ETA given the distance remaining $d$ will show $d/V*60$ minutes where $d$ is unknown to us.
Given time $t$ (in minutes), we reduce the distance by $(V+\epsilon)t/60$.
The ETA at time $t$ would show $\frac{d - (V+\epsilon)t/60}{V}*60$.
Comparing the two ETA's, the difference is $(V+\epsilon)t/V$ which setting to $1$ minute, shows that $t = \frac{V}{V+\epsilon}$ (in minutes).