Let's denote the cost of one guitar pick as \( c \). According to the problem, the cost of one guitar string is \( c + 1 \).
Patrick bought:
- 25 guitar picks
- 25 guitar strings
The total cost for the guitar picks is \( 25c \). The total cost for the guitar strings is \( 25(c + 1) \).
The total amount Patrick spent is $40:
\[ 25c + 25(c + 1) = 40 \]
Now, simplify the equation:
\[ 25c + 25c + 25 = 40 \] \[ 50c + 25 = 40 \]
Next, subtract 25 from both sides:
\[ 50c = 40 - 25 \] \[ 50c = 15 \]
Now, divide by 50:
\[ c = \frac{15}{50} = \frac{3}{10} = 0.30 \]
So, the cost of one guitar pick is \( c = 0.30 \).
Now, we need to find the cost of one guitar string:
\[ \text{Cost of one guitar string} = c + 1 = 0.30 + 1 = 1.30 \]
Thus, the cost of one guitar string is \( \boxed{1.30} \).