Iron may be obtained from the ore haematite, $\text{Fe}_2\text{O}_3$. What is the greatest mass of iron that could be formed from $500\,\text{kg}$ of haematite? $[\text{Ar}:\ \text{O}=16,\ \text{Fe}=56]$
- A$160\,\text{kg}$
- B$240\,\text{kg}$
- C$350\,\text{kg}$
- D$420\,\text{kg}$