Two dealers offer an item at the same marked price, Rs. 2,000. Due to the festive season, the first dealer allows successive discounts of 25% and 15%, and the other dealer allows successive discounts of 10% and 30%. At what price is the item available in the better offer?

1
Rs. 1,275
2
Rs. 1,250
3
Rs. 1,260
4
Rs. 1,255

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