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 (
    65095, 64759, 64874, 62669, 29989, 64788, 
    64791, 64946, 62666, 64785, 64847, 
    64751
  ) 
  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 0.00144

JSON explain

{
  "query_block": {
    "select_id": 1,
    "table": {
      "table_name": "cscart_product_prices",
      "access_type": "range",
      "possible_keys": ["usergroup", "product_id", "lower_limit", "usergroup_id"],
      "key": "product_id",
      "key_length": "9",
      "used_key_parts": ["product_id", "usergroup_id", "lower_limit"],
      "rowid_filter": {
        "range": {
          "key": "lower_limit",
          "used_key_parts": ["lower_limit", "product_id", "usergroup_id"]
        },
        "rows": 24,
        "selectivity_pct": 0.889547813
      },
      "rows": 24,
      "filtered": 100,
      "index_condition": "cscart_product_prices.lower_limit = 1 and cscart_product_prices.product_id in (65095,64759,64874,62669,29989,64788,64791,64946,62666,64785,64847,64751) and cscart_product_prices.usergroup_id in (0,1)"
    }
  }
}

Result

product_id price
29989 43.000000
62666 1011.000000
62669 460.000000
64751 265.000000
64759 205.000000
64785 315.000000
64788 340.000000
64791 290.000000
64847 359.000000
64874 374.000000
64946 284.000000
65095 242.000000