Hello Arvind,
Whether or not there is a significant change in kiln feed LOI will depend on the exact amount of any increase in FeO content in the kiln feed.
For example;-
FeO reacts with O2 upon heating to form Fe2O3 by the following equation;-
2 FeO + 1/2 O2 = Fe2O3
Therefore, from the molecular weights;- 143.7g FeO + 16g O2 will produce 159.7g Fe2O3
This means that FeO has an "LOI" of (146.7-159.7)/146.7*100 = -11.1% (actually a Gain On Ignition of 11.1%)
So, if we increase the FeO content of the kiln feed by 1% (while keeping the LSF, S.R. and A.R constant) we will reduce the LOI by (1/100*11.1) = 0.11%
ie. 0.11% drop in LOI for every1% increase in FeO for the same kiln feed chemical moduli.
To answer your second question;-
Due to the active promotion of an oxidising kiln atmosphere in most well-operated kilns, I have never come across Fe+2 levels in clinker more than about 500-800ppm in normal grey cement kiln operation. This is why you need a very sensitive test (Magotteaux) to detect Fe+2 in clinker.
However, I'm sure it is possible to produce clinker containing much more Fe+2 if the reducing conditions in the burning zone are very exceptionally strong (eg burning coal impinging directly on the clinker bed)
Hope this helps,
Ted.