Question

The image formed by a lens may be real or virtual. The image formed by a lens is always virtual.

Answer 1

There are types of lens; concave and convex lens.
The concave lens is a lens which has an inward curve in the middle, that is, the edges of the curve are thicker than the center of the lens, because of this, any light that enter the lens will spread out [diverge]. An image will look smaller and upright when viewed by a concave lens. Image formed by concave lens are usually VIRTUAL. 
A concave lens will produce a real image ONLY if the object is located beyond the focal point of the lens.
A convex lens is a converging lens, this is because, the center of the lens is thicker than its edges. Any ray of light that passes through the lens will converge at the middle of the lens at point called principal focus.  A convex lens produce a VIRTUAL image when the object is placed infront of the focal point. The virtual image formed is always magnified and upright.

Answer 2

The image formed by any lens like concave and convex may be real or virtual.

How many types of lens are present?

Mainly two types of lens are present and that are concave lens also known as divergent lens and convex lens, also known as convergent lens.

• Any light passing through the lens will disperse [diverge]. When viewed through a concave lens, an image seems smaller and more upright. Concave lenses frequently produce VIRTUAL images and concave lens will produce a real image only if the object is located beyond the focal point of the lens.
• Any beam of light passing through the lens will converge in the lens's center, known as the main focus. When an object is placed in front of the focal point, a convex lens produces a VIRTUAL image. The resulting virtual picture is constantly amplified and oriented vertically.

Hence image formed by a lens may be real or virtual.

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