I have no idea what this means and can't find anything after researching on the internet:-
$f: A\to B$ is a function under which each element of set $A$ has an image in set B
$f: x\mapsto y$ is a function under which $x$ is mapped to $y$.
Please help. Also, do the use of different words 'mapped' and 'image' indicate anything?
"$\mapsto$" describes what is happening on the individual element level. E.g., the notation $$f:\mathbb{R}\rightarrow\mathbb{R}:x\mapsto x^2$$ describes the squaring function on the reals: the first bit tells us the domain and codomain, and the second bit tells us exactly what it does.
Note that both pieces are necessary (barring context clues): just writing "$f:\mathbb{R}\rightarrow\mathbb{R}$" wouldn't let me figure out that $f(2)=4$, and just writing "$f:x\mapsto x^2$" wouldn't tell me that $f$ is a function from reals to reals (as opposed, say, to being defined on the complex numbers).
As to "image" versus "mapped to," the distinction is grammatical: noun versus verb. We can say e.g. that the image of $2$ under $f$ (in the above example) is $4$, or that $2$ is mapped to $4$, but we can't say e.g. that the mapped to of $2$ is $4$ or that $2$ is imaged $4$.