In any scenario like that, where a quantity X changes by Y% and then that new quantity changes by Z%, I almost always think about it like (1 + Z) * ((1 + Y) * X).
That is, I compute the new size after adjusting by Y% first, and then take Z% of that. To me, this is still treating values as magnitudes from 0 and the Y% change is totally independent from the Z% change. I guess you can multiply Y and Z first, but that’s not how I think about it.