ANSWER:
Both objects will hit the ground at the same time
Explanation:
By newton's laws of motion:

Here, we only force acting is gravitational force (Ignoring air resistance).
Therefore:

The acceleration acting on both bodies will be equal to 9.8 m/s^2 and is independent of mass. Since both objects start from the same initial conditions and acceleration is same, they will hit the ground at the same time.