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 (
    5169, 3162, 1450, 5159, 1440, 5149, 1451, 
    5160, 1441, 5150, 1453, 5162, 1443, 
    5152, 1770, 1771, 1772, 1773, 1774, 
    1775, 1776, 1777, 1778, 1779
  ) 
  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 0.00064

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "16.81"
    },
    "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": 24,
        "rows_produced_per_join": 4,
        "filtered": "20.00",
        "index_condition": "(`gaseus`.`cscart_product_prices`.`product_id` in (5169,3162,1450,5159,1440,5149,1451,5160,1441,5150,1453,5162,1443,5152,1770,1771,1772,1773,1774,1775,1776,1777,1778,1779))",
        "cost_info": {
          "read_cost": "16.33",
          "eval_cost": "0.48",
          "prefix_cost": "16.81",
          "data_read_per_join": "115"
        },
        "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
1440 0.00000000
1441 0.00000000
1443 0.00000000
1450 0.00000000
1451 0.00000000
1453 0.00000000
1770 0.00000000
1771 0.00000000
1772 0.00000000
1773 0.00000000
1774 0.00000000
1775 0.00000000
1776 0.00000000
1777 0.00000000
1778 0.00000000
1779 0.00000000
3162 797.00000000
5149 0.00000000
5150 0.00000000
5152 0.00000000
5159 0.00000000
5160 0.00000000
5162 0.00000000
5169 0.00000000