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 (
    187, 232, 230, 231, 170, 131, 177, 186, 
    185, 179, 233, 152, 160, 237, 235, 122
  ) 
  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 0.00122

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "44.86"
    },
    "grouping_operation": {
      "using_filesort": false,
      "table": {
        "table_name": "cscart_product_prices",
        "access_type": "range",
        "possible_keys": [
          "usergroup",
          "product_id",
          "lower_limit",
          "usergroup_id"
        ],
        "key": "usergroup",
        "used_key_parts": [
          "product_id",
          "usergroup_id",
          "lower_limit"
        ],
        "key_length": "9",
        "rows_examined_per_scan": 32,
        "rows_produced_per_join": 32,
        "filtered": "100.00",
        "cost_info": {
          "read_cost": "38.46",
          "eval_cost": "6.40",
          "prefix_cost": "44.86",
          "data_read_per_join": "768"
        },
        "used_columns": [
          "product_id",
          "price",
          "percentage_discount",
          "lower_limit",
          "usergroup_id"
        ],
        "attached_condition": "((`twebezli_Commercemodalpopup`.`cscart_product_prices`.`lower_limit` = 1) and (`twebezli_Commercemodalpopup`.`cscart_product_prices`.`product_id` in (187,232,230,231,170,131,177,186,185,179,233,152,160,237,235,122)) and (`twebezli_Commercemodalpopup`.`cscart_product_prices`.`usergroup_id` in (0,1)))"
      }
    }
  }
}

Result

product_id price
122 5695.00000000
131 1249.00000000
152 700.00000000
160 200.00000000
170 145.99000000
177 400.00000000
179 299.97000000
185 139.99000000
186 299.99000000
187 299.99000000
230 125.00000000
231 99.00000000
232 79.95000000
233 47.99000000
235 79.99000000
237 299.99000000