This is true if and only if $100x + 10y$ and $50$ have the same remainder modulo $360$, i.e.
$$
100x + 10y \equiv 50 \pmod{360}
$$
We can divide equations like this by any common factor,
$$
10x + y \equiv 5 \pmod{36}
$$
One could solve this by Chinese remainder theorem. However, in this case it's simpler to note that $x$ can be anything, and $y$ is a function of $x$ $y = 5 - 10x$ (plus any multiple of $36$). So the solution to your equation is
that $x$ is any integer, and
$$
y = 5 - 10x + 36k
$$
for any integer $k$. I.e., for any integers $x$ and $k$ you have the solution
$(x, 5 - 10x + 36k)$.
Edit
In general, suppose $a,b,c,d$ are given, and we want to decide if the following equation has a solution:
$$
ax + by \equiv c \pmod{d}
$$
The set of possible values of $ax + by$, by Bezout's identity, is just the set of all multiples of $\gcd(a,b)$. In otherwise, this has a solution if and only if
$$
k \gcd(a,b) = c \pmod{d}
$$
has a solution for some $k$.
But this equation is well-known (you can probably find many questions about it on this site). It has a solution if and only if
$\gcd(\gcd(a,b), d)$ divides $c$
(source).
TL;DR:
$\boldsymbol{ax + by \equiv c \pmod{d}}$
has a solution if and only if
$\boldsymbol{\gcd(a,b,d)}$ divides $\boldsymbol{c}$.
(This is the more mathematical way of stating your problem $(ax + by) \% d = c$.)
In this particular case, $\gcd(100, 10,50) = 10$, which does indeed divide $50$, so there is a solution.