In how many ways can $5$ rings of different types be worn on $4$ fingers?
According to me,first finger have $5$ ways,second finger have $4$ ways,
third finger have $3$ ways and last finger have $2$ ways.
Therefore there are $5 \cdot 4 \cdot 3 \cdot 2 = 120$ arrangements.
But in my textbook it's answer is $4^5$.
Your textbook goes for: "each of the $5$ rings has a choice out of $4$ fingers."