Step 1: Climbing upward
The tension in the rope during upward motion is calculated using the formula:
\[
T = m(g + a),
\]
where:
\( m = 50 \, \text{kg} \) (mass of the monkey),
\( g = 10 \, \text{m/s}^2 \) (gravitational acceleration),
\( a = 5 \, \text{m/s}^2 \) (acceleration while climbing upward).
Substituting the values:
\[
T = 50 (10 + 5) = 750 \, \text{N}.
\]
Since the tension \( T \) exceeds the rope's breaking strength (\( 350 \, \text{N} \)), the rope will break during upward motion.
Step 2: Climbing downward
The tension in the rope during downward motion is given by:
\[
T = m(g - a),
\]
where \( a = 4 \, \text{m/s}^2 \) (acceleration while climbing downward).
Substitute the values:
\[
T = 50 (10 - 4) = 300 \, \text{N}.
\]
Here, the tension \( T \) is less than the breaking strength (\( 350 \, \text{N} \)), so the rope will not break during downward motion.
Final Answer:
\[
\boxed{\text{Rope will break while climbing upward.}}
\]