Too complex situation. You have 64-bit Windows, which can install both 64 and 32-bit software. So you can install both 2.x and 3.x in both variants. For each Python installation, there could be 4 type of PyQt available, 4 & 5, both in 32 and 64-bit version. So the possibility of error is 2 * 4 * 4 * 2 = 64 times complex. Jokes apart.
Let's look at the error:
ImportError: DLL load failed: %1 is not a valid Win32 application.
Let's break it down:
ImportError: Nature of error we are getting is Import related. Python is not able to load specified module(s). Let's move forward.DLL load failed: This message more or less says that module was in form of .dll file.%1 is not a valid Win32 application. This error has most of the info. %1, which is more like an argument representing PyQt5, is not a valid Win32 application.
By looking at the error, it can be seen that interpreter looking for a Win32 application, which simply means a 32-bit application. But why would interpreter want a 32-bit module? Guess? Because interpreter itself is 32-bit!
It can't yet be said that it is Python3 or Python2 interpreter because error only specifies 32 or 64-bit information. But in your case it's your Python 2 interpreter because it's only the 32-bit interpreter on your system.
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