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.

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