Real and at a distance of 40cm from convergent lens.
Virtual and at a distance of 40cm from convergent lens.
Real and at a distance of 6cm from the convergent lens.
Real and at a distance of 40cm from the divergent lens.
For concave lens, 1/f₁ = 1/V₁ - 1/u₁ ⇒ 1/25 = 1/V₁ - 1/∞ ⇒ V₁ = -25cm
For Convex lens 1/f₂ = 1/V₂ - 1/u₂ ⇒ 1/20 = 1/V₂ - 1/(-25 - 15) ⇒ 1/20 = 1/V₂ + 1/40 ⇒ 1/V₂ = 1/20 - 1/40 ⇒ V₂ = 40cm
So, answer is (b)