SELECT 
  * 
FROM 
  cscart_ec_spin_rules 
WHERE 
  product_id = 1 
  AND status = 'A'

Query time 0.00046

JSON explain

{
  "query_block": {
    "select_id": 1,
    "cost_info": {
      "query_cost": "20.20"
    },
    "table": {
      "table_name": "cscart_ec_spin_rules",
      "access_type": "ALL",
      "rows_examined_per_scan": 96,
      "rows_produced_per_join": 1,
      "filtered": "1.04",
      "cost_info": {
        "read_cost": "20.00",
        "eval_cost": "0.20",
        "prefix_cost": "20.20",
        "data_read_per_join": "40"
      },
      "used_columns": [
        "rule_id",
        "product_id",
        "discount_type",
        "discount_value",
        "ec_spin_segment_color",
        "probability",
        "status"
      ],
      "attached_condition": "((`rajansecarter_15_june_mve`.`cscart_ec_spin_rules`.`status` = 'A') and (`rajansecarter_15_june_mve`.`cscart_ec_spin_rules`.`product_id` = 1))"
    }
  }
}

Result

rule_id product_id discount_type discount_value ec_spin_segment_color probability status
494 1 percent 10.00 #000000 10 A
495 1 absolute 20.00 #000000 40 A
496 1 percent 30.00 #000000 25 A
497 1 absolute 40.00 #000000 35 A
498 1 percent 50.00 #000000 45 A