First of all, you forgot the sign. The result of your formula should have been -25%, which makes sense because the 2nd value is less than the first.
Secondly, that is not correct. Think about it this way: to decrease some number by 25% means to take 1/4 of the original number away.
In other words X - (0.25)X which is equal to 0.75X.
In your case, decreasing 10 by 25% gives you (0.75) * 10 = 7.5