Help With Password Decrypting/encrypting

Very OT, but I know there are a few individuals over these boards with experience in this field.
A guy who I have no means to contact atm and won't have for several weeks at least, created a very neat little SW tool that I need to use.
He decided to "hide" the software within multiple 7z files protected by passwords.
There are 3 files, each one inside the previous one, all three protected by passwords.

He gave us the three passwords, but they're encrypted. Anybody has experience with decrypting or encrypting passwords?

Here are the 3 passwords:
BIN PWD1: 703c5d74652c6a39523962605e3e523f7c38283b3d356b71237b66366c3a2f2a
BIN PWD2: 9e6af49d574f1d48d001562f1c5bdeb91bc675f5dfee115784692abba2db2f21
XTR SHA1: a01d1ce745a9c8cbb84350edd75f28c33d5d7ee1


I already decrypted the first one, it was a very simple hex to ascii encryption.
I think I have a clue about the third one (it's probably encrypted with a "sha1" hash, given the hint at start) but I have no bloody clue about the second one, and of course I can't test the third until I solve the second.

Tried over 30 different hashes but no good. Maybe it's a 2 step encryptions, dunno.
Anybody has a clue or tips to give me as how to solve this mystery?
Thanks! :D

This sounds like a hacking class assignment.

There are sites you can find out there that will run through all the common encryption methods, and some I have seen that will do it up to 3 times, a little google-fu should get you these.

I'm as clueless as before! :(

As I mentioned before the first encrypted password was very easy to decrypt, I just had to do a simple hex-to-ascii.

Second I tried multiple "hash" decryption (over 30) but with no luck.
It's probably a multi-step encryption (i.e. first I have to decrypt with a certain method like the simple hex-to-ascii I used on the first password, then furtherly decrypt the result with another method).

Third I can't test because I need to find the second before I can input the third, but the "title" of the encrypted password suggests me it's probably gonna be a simple "SHA1" encryption hash.


I found several websites offering free conversion in over 200 different types of encryption methods, but they offer only "tools" ot decrypt password, no "tips" or suggestions on common encryption strategies.
As far as I know it's possible there are "hints" in those labels used before the keys (Like "BIN PWD2" or "XRT SHA1") but I'm way too ignorant on the topic to get anything out of it =/