→ There are 2 Fe atoms in \(\ce{Fe2O3}\), so we place a 2 in front of \(\ce{Fe}\) on the product side.
\(\ce{Fe2O3 + CO -> 2Fe + CO2}\)
→ Next, balance the oxygen \(\ce{O}\) atoms:
→ \(\ce{Fe2O3}\) has 3 oxygen atoms, and we need 3 \(\ce{CO}\) molecules on the reactant side to balance the 3 \(\ce{CO2}\) molecules on the product side.