$\{ x_n \}$ and $\{ y_n\}$ are two sequences of real numbers such that $x_n\leq y_n \leq x_{n+2}, n=1,2,3...$ then
(a) $\{ y_n\}$ is a bounded sequence.
(b) $\{ x_n \}$ is an increasing sequence.
(c) $\{ x_n \}$ and $\{ y_n\}$ converge together.
(d) $\{ y_n\}$ is an increasing sequence.
I found this question in a book and I am not really able to reach any conclusion regarding the options.
I have concluded that since $x_n\leq x_{n+2}$, $n=1$ gives the subsequence $\{ x_{2n-1}\}$ is decreasing and similarly, $\{ x_{2n}\}$ will be decreasing. But I am not able to proceed further.
Also, I tried ruling out the options using certain examples. I think option (c) should be right.
Let's consider two examples:
You can't conclude any of those properties.
EDIT: I misread the meaning of (c).
Let's show the following lemma.
Proof: Choose $\varepsilon>0$. By assumption, there exists an $n_0\in \mathbb{N}$ such that for all $n\geq n_0$, we have that $|a_n-a|<\frac{\varepsilon}{2}$. Similarly, there exists an $n_1\in \mathbb{N}$ such that for all $n\geq n_1$ we have that $|b_n-a_n|<\frac{\varepsilon}{2}$. Let $n\geq \max\{n_0,n_1\}$, then \begin{eqnarray} |b_n-&a|&\leq &|b_n-a_n|+|a_n-a|\\ &<& \frac{\varepsilon}{2}+\frac{\varepsilon}{2}\\ &=& \varepsilon. \end{eqnarray} This concludes the proof of the lemma.
We now show that if $(x_n)_n$ converges to some $x\in \mathbb{R}$, then so does $(y_n)_n$. Indeed, note that \begin{eqnarray} |y_n-x_n| &= & (y_n-x_n)\\ &\leq & (x_{n+2}-x_n). \end{eqnarray} Here we used that $x_n\leq y_n\leq x_{n+2}$. But as $(x_n)_n$ is convergent to $x$, the right-hand side goes to zero and thus $y_n\to x$ by the above lemma.
Conversely, you can easily show that if $y_n\to y$, then so does $x_n$. Indeed, note that \begin{eqnarray} |y_n-x_n| &= & (y_n-x_n)\\ &\leq & (y_{n+2}-y_{n-2}). \end{eqnarray} Again, as $(y_n)_n$ is convergent, the right-hand side goes to zero (as $(y_n)_n$ is a Cauchy sequence) and thus $x_n\to y$ by the above lemma.
This shows that under these conditions, $(x_n)_n$ is convergent with limit $x\in \mathbb{R}$ if and only if $(y_n)_n$ is convergent with limit $x\in \mathbb{R}$. I'll leave it to you to figure out what happens when these limits are infinite or do not exist.