Answer:
The formal one is "Adiós, señor" . Informal "Hasta luego, Paco. Chao" (I am a native Spanish speaker )
Step-by-step explanation:
You use "Hasta luego, Paco. Chao" to say goodbye in a jokey way, whereas "Adiós, señor" is to set more distance between you and the other person, is formal.
Hope this helps you!