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 (
    9689, 9690, 12560, 12561, 9775, 9776, 
    9777, 9778, 9779, 9780, 9781, 9782, 
    9783, 9784, 9785, 9786, 9787, 9788, 
    9790, 9791
  ) 
  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 0.00051

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": 20,
      "filtered": 99.23484039,
      "index_condition": "cscart_product_prices.product_id in (9689,9690,12560,12561,9775,9776,9777,9778,9779,9780,9781,9782,9783,9784,9785,9786,9787,9788,9790,9791)",
      "attached_condition": "cscart_product_prices.lower_limit = 1 and cscart_product_prices.usergroup_id in (0,1)"
    }
  }
}

Result

product_id price
9689 4000.00000000
9690 4000.00000000
9775 1292.58000000
9776 1292.58000000
9777 1292.58000000
9778 1292.58000000
9779 1292.58000000
9780 1292.58000000
9781 1292.58000000
9782 1292.58000000
9783 1292.58000000
9784 1292.58000000
9785 1292.58000000
9786 1292.58000000
9787 1292.58000000
9788 1292.58000000
9790 1292.58000000
9791 1292.58000000
12560 67629.15000000
12561 67629.15000000