Let f be the mass fraction of Iron(III) oxide (IO) so the mass of IO is 3.148f and the mass of aluminum oxide (AO) is 3.148(1-f)
The mass of AO is unaffected, but the mass of Fe at the end (assuming all IO goes to Fe)
3.148f *( 2(55.85)/159.69) = 2.2012f (You could write the reaction equation and solve for Fe using stoichiometric calculation, but this is much easier)
The final mass balance is
2.2012f + 3.148(1-f) = 2.851 (rearrange algebraically and solve for f)