If PINK is written as QJOL, how 'BLUE' can be written?

If PINK is written as QJOL, how 'BLUE' can be written?

Explanation

P + 1 letter = Q

I + 1 letter = J

N + 1 letter = O

K + 1 letter = L

B + 1 letter = C

L + 1 letter = M

U + 1 letter = V

E + 1 letter = F