Which is notation is stylistically preferred?
$$\Delta U = mg \frac{R^2h}{R^2 + R h} \approx mg \frac{R^2 h}{R^2} = mgh$$
or
$$\Delta U = mg \frac{R^2h}{R^2 + R h} \approx mg \frac{R^2 h}{R^2} \approx mgh$$
And does the rule change if you are using line breaks?
Logically, it seems like the second notation implies that you are making an additional approximation, so I am inclined to say that the first notation is correct.
But if a reader is just skimming the formulas without looking at the derivation, they might mistakenly think that an approximation is being used at all.
I am trying to find an example, but it seems like most of the books I can find have simply dodged the issue by adding a discussion in between the formulas. Perhaps there is a style guide somewhere that advises what to do in situations like this.
The first one is correct, in exactly the same way that you would write e.g. $$e^{\frac{1}{x-1}}\geq1+\frac{1}{x-1}=\frac{x}{x-1}.$$