Marked Price
1. **Stating the problem:** A shopkeeper marks a shirt at 1200. We need to understand what this means and possibly find related values like cost price, selling price, or discount if more information is given.
2. **Explanation:** The marked price (MP) is the price at which the shopkeeper labels the product before any discount.
3. **Important formulas:**
- Selling Price (SP) = Marked Price (MP) - Discount
- Profit or Loss = SP - Cost Price (CP)
4. **Since only the marked price is given (1200), without additional information such as cost price or discount, we cannot calculate further values.**
5. **Summary:** The shirt is marked at 1200, which means the shopkeeper intends to sell it at this price before any discount.
**Final answer:** The marked price of the shirt is $1200$.