Our engines are basically operating where the torque is pretty much proportional to MAP, and for a given MAP, the torque is fairly flat over a range of several hundred rpm. Since power is torque times rpm over a constant, if your engine is capable of increasing the prop's rpm from 2500 to 2700, the power will increase by 1.08, 8%. If the prop is efficient over that range of rpm, you should expect to go 1.08^1/3 or about 1.026 times faster. If the prop is designed, for a given drag load, to deliver rated rpm at the highest density altitude to be flown, then at lower altitudes and take-off the rpm, and power, will be higher than if the prop is designed for rated rpm at, say, 75% power. This will give much better take-off and climb performance. My three-blade prop turns the O-235-rated 2800 rpm at 10,000' dalt and I go 201 mph TAS. At 1000' dalt, I turn 2950 rpm and go 214 mph TAS. Static rpm is 2210, and climb, at 110 mph IAS, is 2410 rpm, 1500 fpm at 1350 lb. The concept of a propeller having "slippage" is a not very scientific approach to propeller dynamics. As with a wing, as the load is varied, the propeller will assume different angles-of-attack. On my plane, the same static rpm of 2210 will yield 159 mph TAS in level flight. The only pitch that should be attributed to a propeller is the effective pitch obtained for a given plane's drag-power combination. On an efficient prop, that value changes very little with speed, and is computed by TAS, mph, times 1056 divided by rpm, with the result in inches. If your fixed-pitch prop does not have a consistent value vs speed-rpm, then it is not matched well to your airplane.