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 (
    1735, 2166, 756, 1870, 2009, 2016, 2236, 
    2308, 2326, 2384, 585, 851
  ) 
  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 0.00075

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": 1.606963515,
      "index_condition": "cscart_product_prices.product_id in (1735,2166,756,1870,2009,2016,2236,2308,2326,2384,585,851)",
      "attached_condition": "cscart_product_prices.lower_limit = 1 and cscart_product_prices.usergroup_id in (0,1)"
    }
  }
}

Result

product_id price
585 0.2100000000000000
756 0.2100000000000000
851 0.2100000000000000
1735 0.9900000000000000
1870 0.9900000000000000
2009 37.4500000000000000
2016 37.4500000000000000
2166 37.4500000000000000
2236 37.4500000000000000
2308 37.4500000000000000
2326 37.4500000000000000
2384 37.4500000000000000