It means reduction, subtraction, or when you are taking something away in math.
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goes down
Percent decrease is when your overall percentage goes down. Example: I take a 4 problem math test and get one wrong, 75%. I take a 2 problem math test and get one wrong, 50%.
here an example: price: 230 dollars after a 20% decrease you have 184 dollars and the math equation is: pricex0.8 (230x0.8=184)
Well, honey, if you want to get technical, the percentage decrease from 60 to 42 is 30%. You're welcome for the math lesson, now go impress someone with your newfound knowledge.