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 (
    11482, 11485, 11516, 13771, 11500, 11498, 
    11522, 11481, 11480, 11525, 11483, 
    11484, 11488, 11491, 11499, 13783, 
    11526, 11523
  ) 
  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 0.00033

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": 18,
      "filtered": 100,
      "index_condition": "cscart_product_prices.product_id in (11482,11485,11516,13771,11500,11498,11522,11481,11480,11525,11483,11484,11488,11491,11499,13783,11526,11523)",
      "attached_condition": "cscart_product_prices.lower_limit = 1 and cscart_product_prices.usergroup_id in (0,1)"
    }
  }
}

Result

product_id price
11480 499.00000000
11481 499.00000000
11482 179.00000000
11483 630.00000000
11484 399.00000000
11485 299.00000000
11488 630.00000000
11491 75.00000000
11498 85.00000000
11499 365.00000000
11500 999.00000000
11516 259.00000000
11522 49.00000000
11523 159.00000000
11525 179.00000000
11526 149.00000000
13771 246.05000000
13783 346.75000000