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 (
    453, 454, 455, 450, 451, 452, 435, 439, 
    443, 430, 429, 428, 415, 416, 417, 418
  ) 
  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 0.00049

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "38.41"
    },
    "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": 16,
        "rows_produced_per_join": 3,
        "filtered": "19.63",
        "index_condition": "(`pankajecarter_systemfour`.`cscart_product_prices`.`product_id` in (453,454,455,450,451,452,435,439,443,430,429,428,415,416,417,418))",
        "cost_info": {
          "read_cost": "37.78",
          "eval_cost": "0.63",
          "prefix_cost": "38.41",
          "data_read_per_join": "75"
        },
        "used_columns": [
          "product_id",
          "price",
          "percentage_discount",
          "lower_limit",
          "usergroup_id"
        ],
        "attached_condition": "((`pankajecarter_systemfour`.`cscart_product_prices`.`lower_limit` = 1) and (`pankajecarter_systemfour`.`cscart_product_prices`.`usergroup_id` in (0,1)))"
      }
    }
  }
}

Result

product_id price
415 1200.00000000
416 1200.00000000
417 1200.00000000
418 1200.00000000
428 899.99000000
429 99.00000000
430 99.00000000
435 79.95000000
439 79.95000000
443 79.95000000
450 5399.99000000
451 5399.99000000
452 5399.99000000
453 5399.99000000
454 5399.99000000
455 5399.99000000