J.R. S. answered 12/16/20
Ph.D. University Professor with 10+ years Tutoring Experience
Just to add to the answer provided by Russ F, and to show an easier way to solve this problem, we can use % composition.
atomic mass Fe = 55.85 g/mol
molar mass Fe2O3 = 159.69 g/mol
There are 2 Fe in Fe2O3 so the total mass of Fe = 2 x 55.85 = 111.7 g Fe
% Fe = 111.7 g / 159.69 g = 69.95%
Mass of Fe in 54.39 g of Fe2O3 = 0.6995 x 54.39 g = 38.04 g Fe --> ANSWER