We use the lens formula to solve this problem:
\[
\frac{1}{f} = \frac{1}{v} - \frac{1}{u}
\]
where \( f \) is the focal length, \( v \) is the image distance, and \( u \) is the object distance.
For magnification \( M = -1 \), we know that magnification is also given by the formula:
\[
M = \frac{v}{u}
\]
Thus, for \( M = -1 \), we have:
\[
v = -u
\]
Now, substitute \( v = -u \) into the lens formula:
\[
\frac{1}{f} = \frac{1}{-u} - \frac{1}{u} = -\frac{2}{u}
\]
Given \( f = 20 \) cm, we substitute into the equation:
\[
\frac{1}{20} = -\frac{2}{u}
\]
Solving for \( u \):
\[
u = -40 \, {cm}
\]
Therefore, the object distance is 40 cm. Hence, the correct answer is option (3).