Mr avinash gaikwad There are many factors on which your decision needs to be evaluated - how much satisfied you were with the present job, your relation with your superior and juniors, how you can say that the performance which you have given was 200% of your ability is there no chance of improvising further on the your performance, how many years you have put in with your present job,how much increase you should have got.
Before putting down your papers you should talk with your manager and ask for the reason for such increase and if still you are not satisfied then you should quit. But you should analyse the above mentioned factors keeping in mind your job profile, working conditions in future assignment.