Noisy water pumps are one of the 'joys' of RV life!
Many try to turn up the radio to drown out the water pump's noise...
Your water pump has 'learned' how to defeat your 'attack' on it's noise!
...In reality, your new stereo installation is probably on the same circuit as the Water Pump, and the stereo is sensitive to a reduction in voltage during those times the higher amp water pump is running...
As others have mentioned, check all your
12 volt circuits carefully - clean, bright, and tight connections - remove the fuses and reinstall to assure good connections...
One other factor is the pump itself - the water pump's 'motor' is a 12 volt DC motor with carbon brushes that wear against the motor's armature over time - if your water pump is an older model, it may be trying to draw excessive amperage due to its old, worn condition....just a thought