JSFiddle - React, Tailwind, and code Playground
HTML
<button onClick="action();">click me<img src="http://dummyimage.com/200x200/000000/fff.gif&text=Image+1" width="200px" id="ImageButton1"></button>
JavaScript 1.7
function action()
{
if(document.getElementById("ImageButton1").src == 'http://dummyimage.com/200x200/000000/fff.gif&text=Image+1' )
document.getElementById("ImageButton1").src = 'http://dummyimage.com/200x200/dec4ce/fff.gif&text=Image+2';
else
document.getElementById("ImageButton1").src = 'http://dummyimage.com/200x200/000000/fff.gif&text=Image+1';
}