The radiation received by a panel S = S0 x sin(a) Where S0 is the radiation looking at the sun, and a is the angle between the direction to the sun and the the surface of the panel. If panel is turned to the sun. a = 90 and sin(a) = 1, so S = S0. This is what happens to the tracking panel. A fixed panel is always at some angle, which changes during the day. Say, if a = 30 (sin(a) = 0.5) the panel receives only 50% of the radiation. A fixed panel is turned to the South (North in southern hemisphere), so the advantages of the tracker are at their highest in the morning and evening. For example, when the Sun is straight West, fixed panel receives nothing (sin(90) = 0), but the tracking panel receives full S0. Depending on the angle of the fixed panel, the length of the day, and Sun elevation, the gain may be up to 50% in normal conditions (more if you doing it in the middle of the summer in the Nortn pole). 1.15 is just an axemple I used to show calculations.
The short circuit current (Isc) developed by a panel depends on radiation received by the panel almost linerly: Isc = k x S. If you connect it directly to batteries, you will get power equal to Pdirect = Isc x Vbatt = k x S x Vbatt. MPPT controller can get more because it can elevate voltage to the optimum level, usually referred to as Vmp and thus get the power Pmp = Vmp x Imp, where Imp is the current it gets, which is tipycally 5% less than Isc, so we can write Pmp = Isc x Vmp x 0.95. It then converts it to the battery voltage, usually with high efficiency around 95%, so real power Pmppt = Pmp x 0.95 = Isc x Vmp x 0.95 x 0.95 = Isc x Vmp x 0.9. The MPPT advantage is Pmppt/Pdirect = Isc x Vmp x 0.9/(Isc x Vbatt) = (Vmp/Vbatt) x 0.9. If, for example, Vmp is 18V, but you charge at 14V, it'll be (18/14 x 0.9o) = 1.16 or 16%. Depending on the exact values, this could be up to 30%. The 1.20 number I used earlier is just an example.
When you combine the effects, then you will get:
no MPPT/no tracker: P = k x S0 x sin(a) x Vbatt
no MPPT/tracker: P = k x S0 x Vbatt. Dividing it by the base case we get advantage as 1/sin(a)
MPPT/no tracker: P = k x S0 x sin(a) x Vmp x 0.90. Advantage = (Vmp/Vbatt) x 0.9
MPPT/tracker: P = k x S0 x Vmp x 0.9. Advantage = (Vmp/Vbatt) x 0.9 / sin(a).
You can see that (Vmp/Vbatt) x 0.9 / sin(a) = [1/sin(a)] x [(Vmp/Vbatt) x 0.9]. That is the combined advantage is a product of MPPT and tracker effects.