The correct option is B A will go higher than B.
We know that force due to air resistance provides deceleration, if deceleration of the body is high, body travels less distance.
As the force of resistance FR due to air will be exerted in the opposite direction we get,
−FR=mA×aA
⇒aA=−FRmA, for the object A,
⇒aB=−FRmB, for the object B
Where aA is the deceleration of body A and aB is the deceleration of body B.
As it is given mA>mB, we get |aA|<|aB|
Hence A will go higher than B.