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 (
    6870, 7042, 6877, 7038, 8679, 8311, 8985, 
    10663, 10589, 9221, 10648, 10647, 10650, 
    10649, 10587
  ) 
  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 0.00196

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "17.71"
    },
    "grouping_operation": {
      "using_filesort": false,
      "table": {
        "table_name": "cscart_product_prices",
        "access_type": "range",
        "possible_keys": [
          "usergroup",
          "product_id",
          "lower_limit",
          "usergroup_id"
        ],
        "key": "product_id",
        "used_key_parts": [
          "product_id"
        ],
        "key_length": "3",
        "rows_examined_per_scan": 31,
        "rows_produced_per_join": 6,
        "filtered": "19.99",
        "index_condition": "(`softwarepirmam_hewadelivard_cscart_4`.`cscart_product_prices`.`product_id` in (6870,7042,6877,7038,8679,8311,8985,10663,10589,9221,10648,10647,10650,10649,10587))",
        "cost_info": {
          "read_cost": "17.09",
          "eval_cost": "0.62",
          "prefix_cost": "17.71",
          "data_read_per_join": "148"
        },
        "used_columns": [
          "product_id",
          "price",
          "percentage_discount",
          "lower_limit",
          "usergroup_id"
        ],
        "attached_condition": "((`softwarepirmam_hewadelivard_cscart_4`.`cscart_product_prices`.`lower_limit` = 1) and (`softwarepirmam_hewadelivard_cscart_4`.`cscart_product_prices`.`usergroup_id` in (0,1)))"
      }
    }
  }
}

Result

product_id price
6870 42000.00000000
6877 11500.00000000
7038 12750.00000000
7042 56000.00000000
8311 19750.00000000
8679 16250.00000000
8985 9000.00000000
9221 9750.00000000
10587 40500.00000000
10589 40500.00000000
10647 56000.00000000
10648 56000.00000000
10649 56000.00000000
10650 56000.00000000
10663 60500.00000000