The equation for the area of a ring is derived by calculating the difference between the areas of two circles, represented as π(R+dR)² - πR². This expression simplifies to an approximation for small dR, which is crucial in integral calculus. The approximation assumes that dR is vanishingly small, allowing for the neglect of higher-order terms. The discussion highlights the importance of understanding how differentials work in calculus. Thus, the area of a ring can be effectively approximated using this method for small changes in radius.