Guns are sighted in for 10 yards with 115grn ammo ( S&B, Fiochi, etc )
so a heavier bullet ( 147 ) can shoot high.
generally for my personal guns I sight in for 15 yards with a 124 gr bullet as that is what I shoot. and from there I mark off and shoot groups at 50, 35, 25, 15 , 10 and 7 to determine where I am hitting.