Physics
Pressure Cooker cooks faster because

Boiling point decreases with rise of pressure
It cooks the food at low pressure
Higher temperature is attained for cooking
The material of the cooker is a good conductor

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Physics
Ice is packed in saw dust because

Saw dust will not get melted easily.
Saw dust does not stick to the ice.
Saw dust is poor conductor of heat.
Saw dust is a good conductor of heat.

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