SELECT 
  cscart_product_prices.product_id, 
  MIN(
    IF(
      cscart_product_prices.percentage_discount = 0, 
      cscart_product_prices.price, 
      cscart_product_prices.price - (
        cscart_product_prices.price * cscart_product_prices.percentage_discount
      )/ 100
    )
  ) AS price 
FROM 
  cscart_product_prices 
WHERE 
  cscart_product_prices.product_id IN (
    5690, 5691, 5692, 5693, 5694, 5695, 5696, 
    5697, 5698, 5699, 5700, 5701, 5702, 
    5703, 5704, 5705, 5706, 5707, 5708, 
    5709, 5710, 5711, 5712, 5713, 5714, 
    5715, 5716, 5717, 5718, 5719, 5720, 
    5721, 1479, 1480, 1481, 1482, 1483, 
    5188, 5189, 5190, 5191, 5192, 5193, 
    1467, 1468, 1469, 1470, 1471
  ) 
  AND cscart_product_prices.lower_limit = 1 
  AND cscart_product_prices.usergroup_id IN (0, 1) 
GROUP BY 
  cscart_product_prices.product_id

Query time 0.00098

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "33.61"
    },
    "grouping_operation": {
      "using_filesort": false,
      "table": {
        "table_name": "cscart_product_prices",
        "access_type": "range",
        "possible_keys": [
          "usergroup",
          "product_id",
          "lower_limit",
          "usergroup_id"
        ],
        "key": "product_id",
        "used_key_parts": [
          "product_id"
        ],
        "key_length": "3",
        "rows_examined_per_scan": 48,
        "rows_produced_per_join": 9,
        "filtered": "20.00",
        "index_condition": "(`gaseus`.`cscart_product_prices`.`product_id` in (5690,5691,5692,5693,5694,5695,5696,5697,5698,5699,5700,5701,5702,5703,5704,5705,5706,5707,5708,5709,5710,5711,5712,5713,5714,5715,5716,5717,5718,5719,5720,5721,1479,1480,1481,1482,1483,5188,5189,5190,5191,5192,5193,1467,1468,1469,1470,1471))",
        "cost_info": {
          "read_cost": "32.65",
          "eval_cost": "0.96",
          "prefix_cost": "33.61",
          "data_read_per_join": "230"
        },
        "used_columns": [
          "product_id",
          "price",
          "percentage_discount",
          "lower_limit",
          "usergroup_id"
        ],
        "attached_condition": "((`gaseus`.`cscart_product_prices`.`lower_limit` = 1) and (`gaseus`.`cscart_product_prices`.`usergroup_id` in (0,1)))"
      }
    }
  }
}

Result

product_id price
1467 0.00000000
1468 0.00000000
1469 0.00000000
1470 0.00000000
1471 0.00000000
1479 0.00000000
1480 0.00000000
1481 0.00000000
1482 0.00000000
1483 0.00000000
5188 0.00000000
5189 0.00000000
5190 0.00000000
5191 0.00000000
5192 0.00000000
5193 0.00000000
5690 0.00000000
5691 0.00000000
5692 0.00000000
5693 0.00000000
5694 0.00000000
5695 0.00000000
5696 0.00000000
5697 0.00000000
5698 0.00000000
5699 0.00000000
5700 0.00000000
5701 0.00000000
5702 0.00000000
5703 0.00000000
5704 0.00000000
5705 0.00000000
5706 0.00000000
5707 0.00000000
5708 0.00000000
5709 0.00000000
5710 0.00000000
5711 0.00000000
5712 0.00000000
5713 0.00000000
5714 0.00000000
5715 0.00000000
5716 0.00000000
5717 0.00000000
5718 0.00000000
5719 0.00000000
5720 0.00000000
5721 0.00000000