I very recently submitted a manuscript to a journal and found that I had mislabeled y axis on three panels of a many panel figure (put relative activity (%), instead of fold change in phosphorylation). Additionally I noticed that instead of PIP2, I put PIP3 in a signaling schematic. do you think the paper will be rejected for such errors if all other things are okay?
I agree with @Alexey B. and believe that, unless the typo has a very negative effect on the logical foundations of your paper, it will not cause the rejection of your paper.
Also, usually, you can contact the support staff of your journal and ask them if they can help you fix the issue. I made a rather similar mistake in a chart in one of my papers and for that, I contacted the support staff of the journal (published by Elsevier). After discussing the matter with them, they asked for the correct version of the chart, asked the editor of the journal if a modification is allowed and modified my submission.