I am lottle bit confused about that how permittivity of a material decreases with an increase in frequency of the voltage source? Kindly, explain this concept with some example or mathematical.
The permittivity of a material is a complex number. The real and imaginary parts of the permittivity are function of the temperature and the frequency of the electro-magnetic wave.
For a fixed frequency, both the real and imaginary parts decrease with increasing temperature due to the higher mobility of the molecular dipoles.
However, for a fixed temperature, the variation with frequency is more complicated. For example, water at 25°C, the real part of the permittivit is about 79 at low frequency (a few hundred Herz) and decreases to about 4.2 at 1000 GHz, but the complex part of the permittivity is close to 0 at a few hundred Hz, inceases to about 35 around 15 Ghz, then deceases steadily to about 2.5 at 1000 GHz.
You can find explanations for the behaviour of permittivity in most textbooks on electro-magnetic waves and their interaction with matter.