SELECT 
  q_product_prices.product_id, 
  MIN(
    IF(
      q_product_prices.percentage_discount = 0, 
      q_product_prices.price, 
      q_product_prices.price - (
        q_product_prices.price * q_product_prices.percentage_discount
      )/ 100
    )
  ) AS price 
FROM 
  q_product_prices 
WHERE 
  q_product_prices.product_id IN (
    29233, 10387, 10388, 10396, 10397, 10441, 
    10443, 10445, 10507, 10508, 10509, 
    10510, 10511, 10512, 10514, 10341, 
    10366, 10367, 10371, 10372, 10373, 
    10374, 10022, 10031, 10033, 8682, 4584
  ) 
  AND q_product_prices.lower_limit = 1 
  AND q_product_prices.usergroup_id IN (0, 1) 
GROUP BY 
  q_product_prices.product_id

Query time 0.00085

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "64.81"
    },
    "grouping_operation": {
      "using_filesort": false,
      "table": {
        "table_name": "q_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": 27,
        "rows_produced_per_join": 5,
        "filtered": "19.99",
        "index_condition": "(`portal`.`q_product_prices`.`product_id` in (29233,10387,10388,10396,10397,10441,10443,10445,10507,10508,10509,10510,10511,10512,10514,10341,10366,10367,10371,10372,10373,10374,10022,10031,10033,8682,4584))",
        "cost_info": {
          "read_cost": "63.73",
          "eval_cost": "1.08",
          "prefix_cost": "64.81",
          "data_read_per_join": "129"
        },
        "used_columns": [
          "product_id",
          "price",
          "percentage_discount",
          "lower_limit",
          "usergroup_id"
        ],
        "attached_condition": "((`portal`.`q_product_prices`.`lower_limit` = 1) and (`portal`.`q_product_prices`.`usergroup_id` in (0,1)))"
      }
    }
  }
}