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 (
    111756, 111755, 111754, 111753, 111752, 
    111751, 111750, 111749, 111748, 111747, 
    111746, 111745, 111744, 111743, 111742, 
    111741, 111740, 111739, 111738, 111737, 
    111736, 111735, 111734, 111733, 111732
  ) 
  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 0.00050

Explain
id select_type table type possible_keys key key_len ref rows Extra
1 SIMPLE cscart_product_prices range usergroup,product_id,lower_limit,usergroup_id usergroup 9 50 Using where

Result

product_id price
111732 1.69000000
111733 1.69000000
111734 1.69000000
111735 1.69000000
111736 1.69000000
111737 1.69000000
111738 1.69000000
111739 1.69000000
111740 1.69000000
111741 1.69000000
111742 1.69000000
111743 1.69000000
111744 1.69000000
111745 1.69000000
111746 1.69000000
111747 1.69000000
111748 1.69000000
111749 1.69000000
111750 1.69000000
111751 1.69000000
111752 1.69000000
111753 1.69000000
111754 1.69000000
111755 1.69000000
111756 1.69000000