Step 1: Understanding the problem.
The given measurement with the 30 m tape is 1000 m, but the tape is 0.10 m too long. This means that every measurement with the 30 m tape is 0.10 m longer than the actual length.
Step 2: Calculating the Actual Length.
The length measured with the 30 m tape is 1000 m. To get the correct length, we need to subtract the overestimation of 0.10 m. The actual length is:
\[
1000 - 0.10 = 999.90 \, \text{m}.
\]
Step 3: Correcting for the 20 m Chain.
The 20 m chain was used to measure the length as 1010 m. Since it was used with a tape that overestimates, we can use the ratio of actual to measured lengths to correct it.
\[
\text{Actual Length} = \left(\frac{999.90}{1000}\right) \times 1010 = 1010 \, \text{m} \times 0.9999 = 19.87 \, \text{m}.
\]
Step 4: Conclusion.
The actual length of the 20 m chain is 19.87 m. Hence, the correct answer is (1).
Final Answer:
\[
\boxed{19.87 \, \text{m}}
\]