switches and knobs

[madimeje]

I just bought my first guitar, a Kramer Striker 300st.
Since it was used, there was no owner's manual.
Can someone tell me exactly what the the two toggle switches and knobs do?? I know they change the sound but I don't know when they should be used or if they should be used together.
One is a five way toggle and the other is a small three way toggle. As you can tell, I'm quite new at this.

[Levinson Blade]

Im not familiar with the guitar you mention but
the 5 way switch is to change the combination of pickups ie possitiion one at the bridge would be bridge pick up possition 5 neck would be you guessed it neck pickup middle would be middle pick up and the other 2 positions would be for neck/middle and middle/bridge
The toggle switch could be a boost that gives a little extra when switched My Levinson Blade has the toggle and if you switch it it acts like a volume switch and lets your solos stand out a little more then you switch back to play rhythm parts and you dont drownd out the other instruments