S.no Record Type Page Layout
1. Record type allows a user to create separate kinds of records for each object. Page Layout allows a user to add fields sections, custom buttons, links, etc.
2. They control the picklist values, page layouts, and other business logic. Page layout controls fields visibility, field editing, buttons, etc.
3. If not implemented correctly, they can increase the complexity. You can easily modify a lot of things by means of the page layout.
BY Best Interview Question ON 28 Mar 2022