Putnam Exam Prep Question ?

"You are locked in a 50x50x50-foot room which sits on 100-foot stilts. There is an open window at the corner of the room, near the floor, with a strong hook cemented into the floor by the window. So if you had a 100-foot rope, you could tie one end to the hook, and climb down the rope to freedom. (The stilts are not accessible from the window.) There are two 50-foot lengths of rope, each cemented into the ceiling, about 1 foot apart, near the center of the ceiling. You are a strong, agile rope climber, good at tying knots, and you have a sharp knife. You have no other tools (not even clothes). The rope is strong enough to hold your weight, but not if it is cut lengthwise. You can survive a fall of no more than 10 feet. How do you get out alive?"