My sandisk ultra 3.0 out of 16gb it is showing only 14.4 gb as usage space help me

Dear Sandisk,

can i know why my sandisk ultra is showing 14.4 gb as usage space as im losing 1.6 gb please say how to recover or should i replace this product.

This is due to formatting. All storage devices have less usable storage space than the raw capacity after formatting. 

http://kb.sandisk.com/app/answers/detail/a_id/46/kw/capacity%20is%20less%20than%20expected

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