Treble Increase from 200 to 600 is 400 which represents 300% increase in year 2.
No, it's a 200% increase.
25% decrease in year 3 so 400 minus 25 % is 300 which is an increase of 150% from year 2 starting point of 200.
It's the circulation that decreases (600), not the previous year increase (400). So 600-25% = 450, which is 125% increase on 200.
300% plus 150 % equals 450%
Using your logic with the correct numbers you get 200+125 = 325
But the logic is flawed because you've added (y1 to y2 increase) + (y1 to y3 increase), so you've double counted y1 to y2 increase.
Let's take it out again and see what we get, shall we?
325-200=125
Fancy that!