For successive increase/decrease in percentages, for successive years/times, the following formula will come handy:
Let the successive increase in percentages be \(a\%\) and \(b\%\). In that case, the total increase will be \((a + b + \frac{ab}{100})\%\)Lets try an example: If the increase is 10% and 20 %, the successive increase will be \((10 + 20 + \frac{20 * 10}{100}) = 32\%\).
If there's an increase and a decrease, in that case, the decrease will be considered a negative value.Lets try an example.If there's an increase of 20% and then a decrease of 10%, the successive percentage will be \((20 + (-10) + \frac{20 * (-10)}{100}) = 20 - 10 - 2 = 8\%\) increase.
In case of discounts, the value of discount percentages will be considered negative.Lets try an example:If Kouton's give 50% + 50% off on independence day, what is the final discount given by Koutons
The discount percentage will be \((-50 + (-50) + \frac{(-50) * (-50)}{100}) = -100+25 = 75\%\) discount.
This method is useful when the percentage increase / decrease if for lot many times. Once this method is mastered, successive percentage calculation will be a cakewalk and would relieve you of the pain of picking up pencil and scribing on paper..

Hope the methods helps you all.