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 (
    1950, 1951, 1924, 1949, 1745, 1654, 1501, 
    69, 89, 1643, 1645, 1925
  ) 
  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 0.00083

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": 22,
      "filtered": 2.448978901,
      "index_condition": "cscart_product_prices.product_id in (1950,1951,1924,1949,1745,1654,1501,69,89,1643,1645,1925)",
      "attached_condition": "cscart_product_prices.lower_limit = 1 and cscart_product_prices.usergroup_id in (0,1)"
    }
  }
}

Result

product_id price
69 22000.00000000
89 34000.00000000
1501 34000.00000000
1643 40000.00000000
1645 40000.00000000
1654 78000.00000000
1745 0.00000000
1924 98000.00000000
1925 28000.00000000
1949 145000.00000000
1950 270000.00000000
1951 135000.00000000