let us take the frame of reference at the bottom of the jar
observe that at each moment more of the honey is moving upward( because the ball is going downwards)
so momentum of honey = mdx/dt m=mass of honey=volume*Ï
and x is the distance of com of honey from the bottom
let the distance of the steel ball be l from the bottom
then for finding the centre of mass of honey we can consider it as a negative mass in this case x=(m+M)(L/2)-M(l)/(m+M-M)
we know as it is moving with constant velocity
Mg=ÏgV =>M=ÏV
dx/dt=-M/(m)dl/dt but dl/dt=-v
mdx/dt=mMv/(m)
=Mv