What will occur when the waves peak at the same place at the same time?

Hello!

This is a matter of superposition.
When the waves peak at the same time and place, they produce constructive interference, meaning the waves interact together in a positive way, to make a wave with Amplitude of both waves added together. When the peaks differ however, at the same time and place, then it is destructive interference and the waves essentially cancel each other out.

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