[psi-squared]

So, let's call the correct value of whatever 'A'. Then "Off by X%" really means that the number you used is (1 + X/100) * A. (note: if you underestimated you need to make X negative for this to work)

When you raise that to the power Y, you get (1 + X/100)^Y * A^Y, when the correct result is just A^Y. So you get (1 + X/100)^Y times what you should've gotten.

You can convert that back into a percentage directly if you want, but if X is small (ie, if the original value is "close enough"), you can use the binomial expansion [1] and just keep the first few terms. If you do that, you eventually end up with:

Percentage the final result is out = Y * X + (1/200) * Y(Y-1) * X^2 + ...

[1]: https://en.wikipedia.org/wiki/Binomial_theorem