Images are not showing in localhost
As you are using subdirectory structure at localhost and previous drupal installation was at root directory, the base url will not change for database entries.

Use Pathologic module to change base url of urls coming from database 

or

search n replace them in .sql file, then import the database.

search: src="/sites/default/files/images

replace: src="/repliconwebsite/sites/default/files/images