$product = Mage::getModel('catalog/product')->load($productId); $price = $product->getPrice(); echo "Price: " . $price;In this example, we first load a specific product using the product ID. We then use the getPrice method to retrieve the product's price and output it to the screen. This function is part of the Magento package library, which includes a wide range of functions and methods for developing Magento stores.