1999 AMC 8 Problems/Problem 22

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Let $f$ represent one fish, $l$ a loaf of bread, and $r$ a bag of rice. Then: $3f=2l$, $l=4r$

Substituting $l$ from the second equation back into the first gives us $3f=8r$. So each fish is worth $\frac{8}{3}$ bags of rice, or $2 \frac{2}{3}\Rightarrow \boxed{D}$.