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 (
    1612, 1267, 1400, 1652, 1309, 1673, 1653, 
    1668, 1634, 1688, 1499, 1613
  ) 
  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 0.00097

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": "3",
      "used_key_parts": ["product_id"],
      "rows": 12,
      "filtered": 2.448978901,
      "index_condition": "cscart_product_prices.product_id in (1612,1267,1400,1652,1309,1673,1653,1668,1634,1688,1499,1613)",
      "attached_condition": "cscart_product_prices.lower_limit = 1 and cscart_product_prices.usergroup_id in (0,1)"
    }
  }
}

Result

product_id price
1267 48000.00000000
1309 0.00000000
1400 52000.00000000
1499 165000.00000000
1612 50000.00000000
1613 58000.00000000
1634 40000.00000000
1652 72000.00000000
1653 60000.00000000
1668 54000.00000000
1673 58000.00000000
1688 0.00000000