More and less calculations question

I am wondering how more and less interact when calculating stats in le. The way it’s been explained to me is everything else is calculated gets a value then the less calculation is done. Is that correct.

For example I believe that currently if you have.

100+20%-20%=96 as is 100+20%=120-20%=96 for a loss of 24 total value.
100+40%-20%=112 as in 100+40%=140-20%=112 for a loss of 38 total value.

Or is it a case of canceling values.

100+20%-20%=100 as 100+(0%)=100
100+40%-20%=120 as 100+(20%)=120

If it’s more (like more damage), then it’s multiplicative.

Base 100 with 20% more and 20% less:
100 x 1.2 x 0.8 = 96

If it’s increased (as in increased spell damage) then it’s additive. You first add all of them in the same “bucket”, so 20% increased and 20% reduced = 0% increased or 100 x 1 = 100.

It was specifically at the multi ones not the additive ones.

Yeah, the multiplicative ones will always apply separately. So applying the same value for more and for less will always result in a slight loss.